Managing Consignment Stock: A Comprehensive Guide
Introduction Consignment stock—inventory that your suppliers place in your facility but retain ownership of until it’s sold—offers significant advantages: lower working capital requirements, reduced stock-out risks, and stronger supplier relationships. Yet it also introduces complexity in tracking, billing, and forecasting. Whether you operate a retail storefront, a manufacturing line, or a service business, mastering consignment […]
Multi-Location Inventory Strategies: Ensuring Stock Where It Matters
Introduction For businesses operating across multiple retail outlets, warehouses, or distribution centers, juggling inventory can feel like spinning plates. Too much stock in one location ties up capital and increases carrying costs; too little in another leads to stockouts and lost sales. A robust multi‑location inventory strategy ensures you can deliver the right products to […]
