About 29% MSMEs used accounting software, followed by POS software and Customer Relationship Management (CRM) software at 17% and 14%, respectively, to manage their business operations, the PayNearby report found An overwhelming 68% Micro Small Medium Enterprises (MSME) in the country acknowledged the growth and beneficial impact of adopting digital technology on both their […]
Running a retail shop requires keeping a close eye on your inventory. Stockouts can lead to disappointed customers and lost sales. But managing stock levels can be time-consuming, especially for busy shop owners. Introducing Retailcore’s intelligent new feature: Automatic Stock Replenishment! This innovative feature takes the guesswork out of inventory management. Here’s how it works: […]
Planning and implementing a strategy to have the right products to meet demand, especially during unpredictable times, is crucial for retail business owners. Here are some detailed steps to help you in this process: Market Research Understand your target market: Identify your customer base, their preferences, and buying patterns. Consider factors such as demographics, psychographics, […]
Inventory data entry is the process of entering data about products into a retail business’s inventory management system. This data includes the product’s name, price, quantity, location, and other relevant information. Perfect inventory data entry is important for a number of reasons. First, it helps to ensure that the business has accurate records of its […]
Stock inward and outward software is a type of retail software that helps businesses track the movement of inventory. This type of software can be used to track the receipt of inventory, the sale of inventory, and the movement of inventory within a warehouse. There are a number of benefits to using stock inward and […]
Inventory management is a critical aspect of running a successful retail business. It involves keeping track of the products you have in stock, managing orders, monitoring sales, and ensuring that your store is well-stocked at all times. With the ever-increasing complexity of retail operations, relying on manual methods for inventory management can be time-consuming, error-prone, […]
https://www.youtube.com/watch?v=zfXDbFl-2kk Inventory management is a critical aspect of any business, but it can be especially challenging for small businesses. Consignment inventory is one option that can help businesses keep track of their inventory and save money. In this article, we’ll explain what consignment inventory is and how it works. What is consignment inventory? Consignment inventory […]
Introduction Whether you have a brick-and-mortar store or an online shop, keeping track of your inventory is crucial to the success of your business. Fortunately, there are now many different software programs available that can help with this task. In this article, we will discuss six ways that inventory management software can help you manage […]
Inventory planning is a necessary evil for small businesses. If done correctly, it can help you avoid costly errors and stockouts, while also maximizing your profits. In this article, we’ll share 4 inventory planning techniques that every SMB needs to know. The Importance of Inventory Planning Every small business owner knows that inventory is a […]
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