May 2019

Post 1 to 9 of 9

How to Use Wholesale Minimum Order Quantity (MOQ) To Grow Profits

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One way to increase your AOV (Average Order Volume) as a wholesale distributor is to require a MOQ (Minimum Order Quantity) for certain products.   In this post, we’ll cover how you can bring in additional revenue from your current customers by bringing up… View More

5 QuickBooks Online Inventory Limitations For Wholesale Distributors

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Although QuickBooks Online is popular among small to medium businesses, it does present limitations for wholesale distributors, no matter their size.   While QuickBooks Online does offer general purpose accounting features, it lacks the inventory… View More

Reorder Point Formula: The Secret to Inventory Management

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Order too much product and you’re stuck with unsold inventory that’s tying up cash. Order too little and you may lose customers due to being out of stock. How does one solve this common conundrum?   Instead of guessing when it’s the… View More

How to Combat Inventory Shrinkage (Inventory Loss) In Your Business

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Inventory shrinkage is a problem today for any business that stores products in a warehouse. Ignore the problem and it could cost your business thousands of dollars a year. Or you could lose customers to a competitor because you’re out of stock due to inventory… View More

19-06 Release: Improved Mobile App and New Reporting Options

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In this release, you’ll find significant improvements to reports and the mobile application, both of which are critical to your success as a wholesale distributor.   The new reporting options are targeted to impact sales teams. The new… View More

How to Use The Safety Stock Formula To Win Customer Loyalty

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Safety stock is an essential component of any successful inventory management plan. Without it, you run the risk of losing a new customer to a competitor or disappointing a current customer by not being able to fulfill their order. Some customers are unwilling to wait out a… View More

How to Choose the Right Type of Inventory Control System

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Strong inventory control is the cornerstone of any successful wholesale distribution business. As your business grows, it becomes more and more challenging to deploy inventory controls. But, this necessary practice is well worth it as it will have far-reaching effects on the… View More

7 Questions to Ask When Selecting Inventory Management Software

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Are you thinking about starting a wholesale distribution business? Or perhaps you already have and you’re outgrowing the Excel spreadsheets you’re using to track inventory. Either way, the number of choices you have in software can be… View More

Release 19-05: Enhanced Reporting, Improved PO Format and Website Access Options

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In this release, you’ll find enhancements that improve reporting, the purchase order format and your ability to display specific eCommerce website content to prospects and customers.   As a wholesale distributor that utilizes various… View More

 

 

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