As a business owner, you know that managing your inventory is important, but maybe you don’t know what all you need to do to manage your inventory well. With Stockpile, our online inventory management system, you don't have to remember to do it right. We took care of that for you!
The key thing to remember is that you’re trying to create a system that creates profit, so you should first start by figuring out what is the ideal amount of stock to have. You should have enough to meet the needs of your customers but you shouldn’t waste your funds on unnecessary stock. This would require you to monitor your sales and how much you buy from the suppliers. Also you should always keep in mind how long it takes for things to sell in your business and how long it takes to ship in new stock, so that there is never a moment in which you don’t have what you need to do business. In addition, you should also consider what you have to do keep that inventory from being damaged. Not having proper storage for your inventory can cost you money just like having too much or too little. Of course, some of these things can’t be known immediately when starting a business.
Having inventory managing software like Stockpile by Canvus apps can help a great deal with inventory management for your business. It’s an online inventory system made especially for small businesses, but it is very much similar to online systems used by bigger business. It allows you to do things like add inventory, manage sales records, and note damaged inventory in multiple locations. It can be accessed anywhere you can access the internet and the best part of all is that it’s completely free to use. So any gain you make from using it is 100% profit.
Try Stockpile by Canvus Apps for free today!
