Give Your Business a Competitive Edge

As the worldwide economic downturn continues, it’s becoming ever more relevant for small and medium organisations to develop and maintain their competitive edge. This includes ensuring all stakeholders have clear visibility across every aspect of their business and having the technology to enable more efficient operations. It also means identifying new and innovative ways to…

Taking Stock of Your Stock: Inventory Management 101

Your stock, or inventory, is made up of ‘goods and materials a business holds for the purpose of resale’ (wiki). These goods and materials making up your overall inventory can be in any form across the production life cycle and are divided into 3 categories.