Modern inventory management software is a fundamental part of any sustainable retail business, yet they’re often overlooked by small hospitality outfits. This shouldn’t be the case and here’s why.
With aggressive sales and discounting tactics being practiced in all competitive industries, understanding how to get the most from your inventory data is a foundational part of building successful pricing strategies.
Sales and procurement are intertwined. Your company’s sales performance is only as effective as the smooth-running of procurement. But are you analysing supplier performance as well as your sales team is analysing customers?
By sharing her business worries, Samantha Frost is among the first of 13 MYOB customers to win a lunch with Janine Allis, she’s also in the running for a $10k bonus, on the house.
How to take stock – and conduct a stocktake – before 30 June.
If your business produces or purchases stock for the market, you’ll likely need to do at least one stocktake at the end of the financial year for tax reasons.
It is a truth, universally acknowledged, that a plentiful supply must be in need of a demand – but can you create a demand because supply is limited?
End of financial year is such a busy time, and if you have a product-based business this usually means it’s stocktake time.