Inventory management Archives

The Little Black Book Of Strategies To Reduce Inventory Costs

High inventory expenses take a big bite out of your working capital. Here's how to reduce inventory costs and increase cash flow.

Get Full Visibility Into All Your Stock Movements – Here’s How

At long last, know what’s happening with your in-transit inventory at any given moment – plus when that stock is scheduled to arrive.

What Is Economic Order Quantity (EOQ)? Formula, Examples & Assumptions

Calculating optimal quantity helps ecommerce retailers place timely orders, avoid stockouts, increase customer satisfaction and boost revenue.

Average Order Value: How To Calculate AOV And Beat Industry Benchmarks [2023]

Boosting your bottom line doesn't just mean "selling more." It also means lowering your operational costs. Luckily, improving your AOV does both.

What is Excess Inventory & How Do You Manage It For Profits?

Having too much inventory on hand can be a blessing and a curse for DTC brands. But knowing what causes excess inventory can help you find the best ways to manage it.

5 Reasons To Expand Your Product Line (And How To Do It Right)

Expanding your product line increases both your customer base and revenue. So, what's stopping you?

Your Guide To Managing Multiple Inventory Locations In Shopify (And How To Set It Up)

Set up multiple Shopify locations to maximize inventory efficiency, boost revenue, and improve customer satisfaction—here's how.

Top 10 Automated Inventory Replenishment Software [2023]

Discover the most reliable inventory replenishment software on the market and learn how to choose the best one to power your retail strategy.

A Simple Guide to Improving Order Accuracy

Order accuracy rate directly ties to customer satisfaction and retention. Here’s how to get it right.

Real-Time Inventory Management: Definition, Benefits & How To Choose Software

Real-time inventory management is an important aspect of optimal retail operations. We provide 7 software solutions to help your business.

The Ultimate Guide to Inventory Optimization: Definition, Techniques & More

All retail brands want to grow. But few do the one thing that all but guarantees growth: Optimizing their inventory.

Inventory Visibility In The Supply Chain: Benefits, Challenges & How To Improve

3 easy ways to overcome the biggest inventory visibility challenges – and reclaim control over your supply chain management.

Inventory Holding Costs Explained: Definition, Formula & How To Improve

Struggling with cash flow? Inventory holding costs are likely in your way. Here’s how to lower your carrying costs while increasing profitability.

How To Calculate & Increase Inventory Velocity To Boost Your Bottom Line

Imagine: Enough inventory to meet demand without exorbitant holding costs. Now, make it happen with your inventory velocity calculation. Here’s how.

Inventory Accuracy: Why It’s Important And How To Improve It [+Formula]

Improve inventory accuracy to track stock levels in real-time, increase visibility in your inventory management practices, and better meet customers’ needs.

How To Calculate Weeks Of Supply (WOS) & Track Inventory Health

By calculating weeks of supply (WOS), you can minimize stockouts, reduce spoilage, and optimize inventory plans – all of which improve your bottom line.

Inventory KPIs: How to Improve The Metrics That Matter

By tracking and improving their inventory management KPIs, brands can boost efficiency, maximize cash flow, and increase profitability.

The Ultimate Inventory Management Guide: Definition, Best Practices & More

A highly effective inventory management system every early-stage retail brand can implement today. (You’re welcome.)

Inventory Risk: What Is It And How To Handle It [+ Examples]

Physical inventory always comes with risk. But the right risk management strategy can protect retailers against the unexpected.

Subscription Management Just Got Smarter: Introducing The New Subscription Feature

Never fail to fulfill subscription orders ever again. Enjoy reduced churn, improved customer loyalty, and a boosted bottom line as a result.

What is Phantom Inventory & How to Deal With It

Top causes of phantom inventory, the biggest consequences, and the best ways to deal with ghost inventory through real-world examples.

How To Use Google Sheets For Inventory Management (+ Free Templates)

While Google Sheets is a go-to tool for many brands, not all retailers know how to manage their stock levels with it. Learn how with our 4-step tutorial.

9 Inventory Planner Alternatives For Shopify Brands

Review the best-rated Inventory Planner alternatives that integrate with Shopify to find the software that meets your business needs.

How DTC Brands Can Turn Their COGS In The Right Direction

Will your business grow its net profit by increasing revenue or decreasing the cost of goods sold (COGS)? The answer isn’t so simple.

Inventory Forecasting: Definition & Common Mistakes To Avoid

Inventory forecasting is everything to direct-to-consumer businesses. But 7 common forecasting mistakes leave many DTC brands with under- or overstocked.

Centralize How You Manage Inventory Across Locations

With new multi-location support, get a granular view of your inventory levels, replenishment needs, and forecasted demand by location.

Retail Strategy Group’s Liza Amlani On Smarter Inventory Planning

Learn how to get your products to market faster by perfecting the art of inventory planning. (33-min listen)

6 Best Low Stock Alerts For Timely Inventory Replenishment

With low stock alerts, know if your inventory is running low and replenish before a stockout occurs. Discover the best low stock alerts here.

The Retail Inventory Method & How To Know Your Real Inventory Value

The retail inventory method is a way for retailers to estimate the value of their inventory over time. Discover how to calculate it and the value it provides.

Inventory Analytics & How They Fuel Business Growth

Discover how inventory analytics can help your business track important inventory metrics and measure the performance of your products.

Retailer’s Guide To Successful Holiday Season Inventory Management

Refine your holiday inventory management practices, prepare for a seasonal increase in demand, and make all your customers’ wishes come true.

MOQ Explained: How To Set The Right Minimum Order Quantity

Minimum order quantities used to be something only suppliers and manufacturers required. Now, ecommerce brands are implementing MOQs too.

What is Safety Stock? Definition, How to Calculate & Why DTC Brands Need It

Discover 10 ways to accurately calculate optimal safety stock levels and prevent inventory overstocks, spoilage, and unnecessary costs.

How To Calculate And Maintain Optimal Inventory Levels

Determine your business’ optimal stock levels to streamline inventory management practices and boost overall business performance.

How To Calculate Stockout Costs & Tips To Avoid Running Out Of Stock

Happy customers fuel your business. But when you go out of stock, it not only results in lost sales but frustrates customers and slows your business’ growth to a grinding halt.

The True Cost Of Overstock Inventory

Remember when pretty much everything was out of stock? Some retailers miss those days as they face a new (equally expensive) challenge: excess inventory.

DTC Guide To Production Orders: Types, Formula & Benefits

A complete guide to calculating optimal production order quantity and streamlining the production planning-side of your business growth.

How To Use Inventory Backlog & Backorders To Your Advantage

Learn what are backlogs and how to better handle inventory backlogs to reduce backorders or prevent them from happening in the first place.

Clean Up Your Product Data With Improved Views And New Syncing Feature

Increased visibility. More control. Greater accuracy. Better operational insights.

Aged Inventory: Report, Formula & Ways To Reduce Aged Stock

Learn to read an inventory aging report and act on it to reduce the amount of aged stock in your warehouse and drive business growth.

Is Your Inventory Killing Your Profits? [& How To Fix It]

Not optimizing your inventory is costly. Luckily, this simple 5-step inventory optimization guide can help keep your expenses down and profits up.

Add Clarity To Your Amazon Data With Cogsy

Meet the new Cogsy + Amazon integration.

Over My Dead Stock: 5 Ways To Get Rid Of Dead Inventory

Ecommerce brands typically carry more than 2x the "healthy amount" of dead stock. Here's how to get rid of it.

Caraway’s Mark Riskowitz Talks Managing Operational Uncertainty

Hear first-hand how popular DTC cookware brand Caraway deals with supply chain troubles. (47-min listen)

Why You Need To Free Up Working Capital Now

Discover 4 growth initiatives for freeing up your brand's working capital and unlocking new business growth.

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Inventory management

Your Guide To Improving Multi-Location Inventory Management [7 Strategies]

Take control.