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September 02, 2024
Managing your inventory well is crucial for any business, especially for small to medium-sized ones. Good inventory management can help reduce costs, improve cash flow, and keep customers happy. But it can be tricky without the right tools and knowledge.
We’ve pulled together some of our top tips to help you get started on optimising your inventory management. There are plenty of things you can do on your own, but for the ultimate strategies that make a real difference, having a partner like SMB Consultants can be a game-changer. Let’s dive in!
You’d be surprised at how much you can improve your inventory management with a few simple steps. Here are some actions you can manage within your company:
Now, let’s talk about the big guns. These advanced strategies can truly transform your inventory management, but they’re best tackled with a bit of expert help and after you've mastered the basics mentioned above. Partnering with experienced consultants like SMB Consultants can provide the expertise and tools needed to implement these high-impact strategies:
March 19, 2025
Are you properly closing off sales to generate accurate Cost of Goods Sold (COGS)? It’s a small step that’s easy to miss but can cause messy inventory, inflated profits, and tax headaches. Learn why this workflow matters, how to spot issues, and the steps to fix it. Don’t let this mistake hold your business back—find out how to get it right.
March 12, 2025
Inventory valuation is more than just bookkeeping—it’s the foundation for smarter decisions, healthier profits, and sustainable growth. Learn why understanding the true value of your stock is critical for your business and how it can help you make confident, data-driven decisions.
February 26, 2025
Feeling overwhelmed by operational chaos? From disconnected systems to endless manual tasks, running a business doesn’t have to be this stressful. Discover 5 actionable steps to streamline your operations, align your team, and build a thriving, efficient business. Operational clarity is just a few steps away!