There’s a tale my family love to tell about me. When I was a kid, during every day of the month of December, I would sit under the Christmas tree in our living room and compile a very systematic tally of the presents under the tree - how many, and who they were addressed to. My first foray into inventory management, if you will, was to help organize and accurately record the gifts, so that none got lost behind the TV, or eaten by the dogs (and definitely not to make sure that I had the most presents, as the youngest sibling).
As I’ve mentioned previously, poor inventory management can not only be incredibly damaging to business profits, but to customer loyalty, too. Inventory is the backbone of a store, and yet almost half of small businesses use manual methods of inventory tracking, or simply don’t track at all.
Online or offline, you want your customers to leave with full bags and smiles on their faces, and the right inventory management solution can help you achieve this.
Not yet invested in an app to solve your inventory woes and ready to start looking? Our handy inventory management checklist aims to get you thinking about the most important features and considerations you need to take into account before selecting a solution for your business.
Check out some of the most popular inventory management solutions on the market: