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Stay on top of your e-commerce game! 🎯 With Tekmatix’s Inventory Management feature, you can easily update stock quantities, search for products, and even continue selling when you're out of stock. Whether you have a small store or a large inventory, this tool helps you keep your business running smoothly. 🛒 Ready to learn more? Click here to read the full guide and start managing your inventory like a pro! https://lnkd.in/gqvHyVU2

Watch the new Academy Short here! https://lnkd.in/dGC7cJKT Perpetual inventory is like having a real-time inventory radar for your business. It's all about keeping super-detailed records of what you buy and sell, so you always know what's in stock and what's flying off the shelves. Think barcodes, scanners, and those nifty POS systems you see at the checkout. With perpetual inventory, you're never left guessing about how many items you've got to sell or what they're worth. When you bring in new stuff, you log it right away to boost your inventory count. And when you make a sale, the value gets smoothly shifted from your inventory stash to the Cost of Goods Sold, giving you a clear picture of your profits. Perpetual inventory overview: - Keep detailed records of each inventory purchases and sale - Continuously(perpetual) shows the quantity and cost of the inventory - Often use bar codes, scanners and POS Systems - Always know exactly what quantities they have available to sell - Always know exactly what the inventory asset and COGS values are - When inventory is purchased, each items is entered to increase inventory - When items are sold, the value is transferred from inventory asset to cost of goods sold. With periodic inventory, you're not meticulously logging every purchase and sale like with perpetual inventory. Instead, you're conducting a comprehensive inventory assessment at specific intervals, such as monthly or quarterly. Here's the process: Firstly, you conduct a physical count of all remaining inventory at the end of the period. Then, you determine the beginning inventory, which is the closing balance from the previous period. Next, you calculate the total cost of goods purchased during the period. Finally, you subtract the ending inventory value from the sum of the beginning inventory and purchases to derive the Cost of Goods Sold (COGS) for the period. This method provides a snapshot of the goods sold and their associated costs over the designated timeframe, facilitating financial analysis and decision-making. Periodic Inventory overview: - Do not keep detailed records of each inventory purchases and sale - Cost of goods sold is determined only at the end of the period by doing the following: 1. Do a physical count of all inventory on hand at the end of the period 2. Determine the beginning inventory (ending value from previous period) 3. Add the cost of goods purchased over the period 4. Subtract the value of inventory on hand determined by the physical count Want help choosing the right inventory management strategy for your clients? Join the E-commerce Training Academy for Accounting Professionals today to be connected to expert advice and a community of peers to help you! https://lnkd.in/eJeJHZJ5

As PEAK SEASON ramps up, retailers are feeling the pressure to stay on top of inventory 📦✨. Without accurate inventory management, it's easy to oversell, run out of stock, or miss sales—costly mistakes for any eCommerce business 🛑📉. We’ve seen it firsthand with our clients—those who implement real-time inventory tracking are able to stay ahead of the game. By having clear visibility into stock levels, they make smarter decisions, avoid stockouts, and boost their profits 💡💰. If you haven’t got the right systems in place yet, now’s the time to take action. DOWNLOAD our FREE Inventory Management Guide https://lnkd.in/gcj4TXGb. Let’s SCHEDULE A QUICK CALL to review how you're managing inventory this season. WHAT ARE YOUR THOUGHTS ON THIS? We can help make sure you're ready to succeed and avoid any surprises! 📅🚀 #OrderManagement #RetailTrends #Logistics #ProfitBoost #RealTimeData #StockManagement #CustomerExperience #SalesOptimization #BusinessGrowth #RetailTech #Omnichannel #SupplyChain #PeakSeason #RetailSuccess #InventoryManagement

Don't let your inventory give you a Nightmare Before Christmas. 🎃👻 Don't let stock shortages or overbuying spook your business this Halloween season! With inventory management software, you can: 🎃 See exactly what's in your "pumpkin patch" of stock 🔮 Conjure up real-time inventory visibility faster than you can say "Abracadabra!" 🧙♂ Predict restocking needs before empty shelves materialize 💸 Avoid overbuying so your budget doesn’t get 'frightened' away Turn those inventory nightmares into sweet victories with Zenventory. Book a product tour to learn more: 🔗 https://lnkd.in/geGekdgm #Logistics #SupplyChain #InventoryManagement #InventorySoftware #InventoryControl #3PL #EcommerceBusiness #StockManagement

Say goodbye to inventory headaches with Shopify inventory solutions! Our services include automated inventory tracking, real-time stock updates, low stock alerts, and product variation management. Streamline your inventory management today! #ShopifyInventory #EcommerceSolutions #InventoryManagement #ShopifySolutions #EcommerceGrowth #InventorySolutions #ShopifyExpert

Mastering Inventory Management Tips for Accurate Stock Levels SUBSCRIBE To Stay Up To Date With Everything Ebay: https://lnkd.in/eHMS-gmf Avoid selling items without stock on eBay. In this video, we discuss the critical importance of maintaining accurate inventory and how selling out-of-stock items can negatively impact your eBay business. Learn about the risks associated with selling items that are not in stock, including customer dissatisfaction, negative feedback, and potential account issues. Discover essential tips for effective stock management to ensure a successful and trustworthy eBay business. Whether you’re a seasoned seller or new to eCommerce, these insights will help you avoid stock-related problems and achieve better results. Stay informed and ensure your eBay business thrives with these best practices for inventory management. CHECK OUT: THE ULTIMATE GUIDE TO EBAY SUCCESS Book1 https://ift.tt/b51F4iv Book2 https://ift.tt/ImEijAV Book3 https://ift.tt/Jhne48W We thank you for your continued support and dedication to the community. If you'd like to show your appreciation with a Crypto donation, please use the addresses below.(no amount is too small) BTC: bc1qu0v96h662f0qvszxkeue2getx4vyqx0ht3uf4t ETH: 0x54418b1d6343A80FDd231B9f564A21079936ccC9 LTC: LckvXvpfF2rQkghCLt3DnKBJ1qPJSHLn7c avoid selling items without stock, importance of inventory management, improving eBay stock practices, eBay stock tips, seller tips for eBay, boosting eBay sales, impact of out-of-stock sales, eBay selling strategies, understanding stock risks, effective stock management, enhancing eBay reputation, maintaining eBay business, avoiding stock issues, creating successful inventory processes, eBay seller support, thriving on eBay, improving eCommerce practices, best practices for stock management, boosting online sales, eBay business tips, seller success on eBay, building trust through inventory, overcoming stock challenges, maintaining eBay integrity, stock management strategies, effective communication for sellers, handling out-of-stock issues, navigating eBay stock problems #ebayreselling #ebayseller #ebayukseller via YouTube https://lnkd.in/e4c7Kbga

Transferring stock between warehouse locations is a multi-step process that oftentimes is fraught with errors, you can simplify this and make it easy here

As the start of this year's peak season begins for retailers, it highlights how crucial accurate inventory management is for any eCommerce business looking to grow and succeed. Download our free Inventory Management guide to learn how real time inventory tracking is vital for boosting profit and avoiding over or underselling. https://lnkd.in/gcj4TXGb #PeakRetail #BFCM #OMS #InventoryManagement #Fulfilment

Need an accurate, real-time inventory system of record? We can help. Watch Aptos' new video that outlines four steps to unified inventory success.

Struggling to keep track of your inventory? CashierLive simplifies inventory management with real-time updates and seamless reporting, so you’ll never miss a sale or overstock. Make smarter purchasing decisions this holiday season with powerful inventory tools. https://hubs.ly/Q02Tl6f40 #InventoryManagement #RetailEfficiency #POSSystem #BusinessGrowth