10Inventory

Management Best Practices

Emergeapp.net

What Are You Going to Do Differently in

2018

What goals do you have in mind for your business in

2018

How about taking a hard look at what you’re currently doing with inventory for your

business?

Here are some no-nonsense, hard-hitting inventory management best practices you

can implement RIGHT NOW for your business in

2018

Inventory Management Best Practices

Use Technology To Boost Your Business

1

You need to be sensible and realistic about using inventory management software

Involve Your Entire Company

2

Inventory management best practices need to be instilled in everyone in your company, not just your fulfillment and warehouse staff

One way to do this is to involve each and every staff by creating user accounts for them

Mobilise Your Workers

3

Businesses should also liberate their employees from their desks and cubicles by enabling them to perform their daily job tasks on the go

Automate Where Possible

4

Using EMERGE App, for example, automates the calculation of landing costs for purchases

Share Information and Collaborate

5

The average worker spends 13 hours a week on emails alone or about one-third of the work week! And 96% of workers said that unnecessary emails wasted their time

EMERGE App tries to banish email (and chat) clutter by offering tasks and notes throughout the application

Be Flexible With Price Lists

6

It’s a common saying that one size doesn’t fit all. It goes to say that one price list doesn’t fit everyone either!

EMERGE App lets you assign tier pricing and custom price lists to your customers

Bring Your Raw Materials On

Board

7

Are you dealing with products that require a little assembly before they get added to your final inventory

Raw materials can also be managed inside EMERGE App. You can add raw materials just like adding new products

Watch Those Expiry Dates And

Batches

8

Wholesalers and distributors of perishable, pharmaceutical and biomedical products fully understand the importance of tracking expiry dates and batches

EMERGE App has an expiry date and batch tracking feature

Kickstart Your B2B Sales

9

Traditional sales channels are typically online and offline stores. Have you explored the potential of B2B sales for your business

EMERGE App includes a free B2B e-commerce platform called EMERGE Cart

Get Rid Of Deadstock Fast!

10

Deadstock is the bane of every business dealing with inventory

What are the best ways to get rid of deadstock?

Slashing prices to enticing levels works

like a treat

Throw in the deadstock product to encourage sales

of a complementary product

CONCLUSION

Like any top ten list, this list isn’t exhaustive nor a magic pill to fast

forward your business to the next level

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