Tag: SKU
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Start-Up Checklist: Inventory Management

It only takes one company-wide “fire drill” searching for missing inventory to satisfy an open order to reinforce the importance of a properly maintained inventory management process. While insufficient stock can stress a company’s sales, incorrect inventory records threaten a company’s reputation and operational efficiency. A well-structured and efficient inventory management process is crucial for…
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Start-Up Checklist: SKUs

Your soap business is booming! Okay, so you have yet to come close to turning a profit. Still, you’re ready to add to your inventory because if we’ve learned anything from Hollywood, we know “If you build it, [they] will come.” You take to your kitchen and mix more scent combinations with your existing portfolio.…