A question every business needs to ask is: how much does inventory management software cost.1 You can’t expect to get something for nothing. But you should be able to expect high quality for the right price.
For example, you might try something extremely cheap at first. If you use a solution like Excel to manage your inventory level manually, you’re limited by its features. Excel is not designed specifically for inventory management. So it won’t be able to automate your business processes.
On the other hand, there are incredibly expensive solutions, such as ERPs. Those types of solutions are probably overkill in many ways. First, they offer too many features that a small business doesn’t need. Second, they are too expensive. What you need, most likely, is something in between the extremes. An affordable solution that will meet your needs now and grow with you in the future.
Let’s talk more about how to find the best inventory management software for you. At a reasonable price.
The price of practically everything is on the rise.1 That hardly does our situation justice. It’s more honest to say that commodity costs are already through the roof, and both businesses and consumers are beginning to face this harsh reality. Don’t expect prices to come down anytime soon. Instead, plan ahead to manage skyrocketing commodity costs by making these five seemingly simple yet innovative changes to your business.
Fishbowl is a true inventory control solution, which gives you advanced features to control many aspects1 of your business. Those aspects include your inventory, manufacturing, orders, and costs. Let’s talk about some of the specific inventory control features Fishbowl offers to help you take control of these critical components of your growing company. You might be surprised at the expansive benefits you’ll enjoy by implementing the following functionality.
How do you manage inventory? It seems like such a simple
question, but there’s actually a lot of complexity in its answer. We are going
to walk through what inventory is and the steps that are necessary to take in
order to properly manage it.
This isn’t the first time I’ve talked about FIFO, LIFO, etc. on the Fishbowl Blog. But these are extremely important concepts that deserve to be addressed again because they are so essential when it comes to evaluating your inventory.Without further ado, here are the five main ways to evaluate your inventory:(more…)
Reducing your freight on shipping in and out of your warehouse ultimately means you’re increasing your profit on sales. However, what does it take to reduce those costs? After all, given how important and time-critical today’s shipments are, how can a company go about reducing its warehouse-to-warehouse freight costs? Well, the following are examples of some of the strategies you can employ to reduce your shipping expenses.(more…)