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Inventory

Inventory

Inventory Turnover Ratio: Definition, Uses, and Formula

Sarah Harris
January 20, 2022

Knowledge is power. After all, the more ways you have to gauge your company’s health,

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Bill of Materials: Definition, Functions, Examples

Sarah Harris
November 4, 2021

Most people have assembled something on their own, whether it was a bookcase, a bicycle,

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Buffer Inventory Guide: How It Can Affect Your Business

Sarah Harris
October 6, 2021

Inventory — it’s the lifeblood of your business! However, there’s always a chance that unforeseen

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EOQ Formula: How to Use the Economic Order Quantity Model

Sarah Foley
October 6, 2021

The EOQ formula is an essential part of any inventory management strategy. EOQ, or

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What Is Average Order Value (AOV) and How Can You Increase It?

Sarah Harris
September 28, 2021

Every business wants to improve its bottom line. When this is the case for your

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Inventory Forecasting: Definition, Benefits, and Best Practices

Sarah Harris
September 28, 2021

When you run a small business, it can feel like you’re back in your college

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RMA Meaning: In-Depth Return Merchandise Authorization Guide

Kelli Piepkow
September 12, 2021

Dealing with returns is a necessary part of doing business. Whether you are a B2B

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What Is An Order Management System (OMS)?

Miakayla Leaverson
September 12, 2021

An order management system, or OMS, is a streamlined, digitized way to manage the flow,

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Safety Stock Formula: 2021 Beginners Guide

Sarah Foley
August 30, 2021

Developing an effective inventory management system can be incredibly challenging. You’ll need to make sure

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Direct to Consumer (D2C): Why Brands Are Making the Switch

Sarah Harris
August 27, 2021

Direct-to-consumer brands (D2C) have been steadily growing in popularity over the past several years, and

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