Why is inventory important for an online store?

Why is inventory important for an online store? According to analysts, e-commerce is expected to account for 6% of the EU28’s GDP in 2020 (source: http://www.ecommerce-europe.eu/). This is a dynamically developing form of commerce in Hungary as well. Hungary boasts commercial websites that use a number of different strategies, with the following being the […]
Seven practical tips for a simple inventory

Seven practical tips for a simple inventory We have put together some tips that can help you in preparing an effective and precise inventory: The counting has to be done systematically. Designate inventory locations, precisely mark the current status of inventory locations (counted, checked. etc.), and record them at regular intervals so you can […]
Five points on inventory frequencies

Five points on inventory frequencies How many times the inventory should be performed in a year depends mainly on how precisely you want to track the company’s operative processes, which may have a number of benefits, such as: identifying entry or sale (picking) anomalies (the item number it is used for entry into the […]
Inventory as an outsourced activity

Inventory as an outsourced activity In our previous article, we wrote about the obligatory and useful features of quantitative stocktaking and the methods for providing control over inventory management, ensuring strict continuity (the post “On Inventories in General”). We will now discuss an alternative method. Due to the obligatory nature of the task, its importance […]