Inventory Stocktake – A Practical Guide to Inventory Counts Most small businesses learn this the hard way – running out of critical components during high season costs far more than regular inventory counts. That’s why smart manufacturers and distributors make stocktakes a cornerstone of their operations. By Steve Maurer, IME 13 min read
InventoryManufacturing Tips What Is Dead Stock and How to Avoid It? Dead stock, also called dead inventory, happens when materials, components, or products lose their purpose. Understanding the causes of dead stock helps you prevent costly tie-ups of cash and space. Dead stock management starts with recognizing the warning signs. By Steve Maurer, IME 12 min read
InventoryManufacturing TipsSales What Is SKU Rationalization? Determining which products to continue selling and which ones to discontinue is a challenge most businesses need to face at some point. Because there are many aspects to consider before cutting your product catalog, the process of SKU rationalization is here to help you find a balance between too many and too few SKUs. By Madis Kuuse 8 min read
