Top 5 Inventory Metrics that Will Increase Profits

How an Inventory Management System Will Help Your Business  [Tweet "43% of small business owners are worried about profitability."] As a small business owner, you likely put a business plan in plac

How Ghost Assets Impact our Bottom Line

What are ghost assets and what do they cost businesses?  If you don’t use a type of tracking software to audit your fixed assets, your company is likely haunted by ghost assets. Unfortunately, chanc

Why Do Good Employees Quit?

Think about your business for a minute. What makes it great? What makes it operate? What’s the one most important asset you attain? If your answer doesn’t include “employees” in each of those questi

How to Implement Inventory Management Practices

It may seem overwhelming to start a system of inventory management best practices, especially if you’ve been in business for a while. Perhaps years of manual inventory control has wreaked havoc on y

Top 5 Hidden Costs of Small Business

Starting something new generally isn’t easy… especially when it comes to being your own boss for the first time. Before beginning a small business, understanding the hidden expenses can be the diffe

Schools Can Strech Their Budgets With Asset Management

  It’s an issue facing many school districts across the country: How to make up for budget shortfalls that could cut into the educational opportunities of our students? Funding for education is oft

How to Handle an Enraged Customer

We all try to do our best, but every once in awhile, things go wrong. Sometimes very wrong. If you’re a small business owner, you may not know something has gone wrong until you or your staff pick

What You Need to Know about Asset and Inventory

For small business owners, the difference between inventory management and asset management may be nebulous, if not outright confusing. Inventory and assets occupy similar places in a company’s book

Is a Barcode Scanner or Mobile Computer the Best Fit?

A comparison of capabilities and functions for every type of barcode reader and mobile computer. Barcodes have come a long way from their first retail use on a pack of Wrigley’s chewing gum in the

How the Economy Could Transform the Holiday Season

Since the nascent days of the internet and even earlier, enterprising individuals have made money on the side by engaging in freelancing, whether running deliveries as a courier or performing handy

Top 10 Characteristics of a Solid Employee

Many factors contribute to the growth and sustainability of an organisation, but there’s one to put at the top of your list this year: a solid workforce. Wasp is here today to tell you the secret to

How Can Retailers Afford to Offer Free Holiday Shipping?

The holiday season is approaching. More big retailers are joining forces, whether online only or of the big-box variety, to entice consumers with promises of free shipping for all their orders, regar

When Your Start-Up Has Too Much of a Good Thing

What do start-ups need to know about inventory management? “Knowledge is power” might sound like an overused cliche, but when you are a start-up company, access to information or lack there of can m

Improving Small Business With Time and Attendance Systems

  A smart small business owner might increase revenue growth by investing in new customer acquisition methods and improving customer service, but end up wondering why they're doing so much more wor

6 Critical Inventory Metrics Every Small Business Should Know

As your company evolves, it’s vital that you stay attuned to key performance indicators (KPIs) that mark growth areas within your operations. KPIs are important because they essentially tell you how

3 Benefits of Tracking Your Time Accurately

  Whether you’re a small business owner or employee, accurate time tracking can be crucial to understanding how you spend your working hours. That knowledge can be the difference between staying in

3 Takeaways From the Demise of Oreck

 “The most respected name in vacuum cleaners.” “Built to last!” “The leading manufacturer of vacuum cleaners made in America and sold worldwide.” Now? Bankrupt. Oreck Corp., along with over 8,500 bus

What to Do After Publishing a Blog Post

Guess how many blog posts get published every day…  1,000? 10,000? 100,000? No, there are 2 million blog posts published every day. There are some common reactions to this information.  For someone

Why You Must Use Barcodes to Avoid Disaster

Barcode Technology Needed To Prevent Inventory and Asset Management Disasters Inventory shrink resulted in over $44 billion in losses for retailers in 2014, over 50% of it the result of internal thef

How did the U.S. Army's Automate their Asset Management?

It's hard to imagine an organisation with more important asset management challenges than the U.S. Army. Organising everything from IT equipment to fighter missiles is a task of almost incalculable co

5 Ways to Move Into a New Era of Asset Management

Fixed assets, which are assets purchased for long-term use in the production of income, range from land and buildings to vehicles and computers. Those in charge of managing fixed assets know that thi

How Volunteer Firefighters Solve Asset Management Emergencies

Volunteer fire departments face employee and asset management issues far above and beyond those of small businesses. In fact, efficiently maintaining and tracking their assets truly is a matter of lif

What are the Advantages of 2D Barcodes?

Small businesses wanting to make a big impact with customers can utilize 2D barcodes.  2D barcodes can include more information in the code than their 1D counterpart, like price, quantity, web addres

The Changing Landscape of Asset Management

 It’s not just about counting computers anymore Technology has changed dramatically in the past decade.  Think back to 2005.  Nobody had WiFi.  Laptops were virtually unheard of. Only 45% of the popu

5,000 Ways 2D Barcodes are Helping Amazon

5,000 Ways 2D Barcodes are helping Amazon Washington based Amazon.com has announced a new shipping policy which will add 2D barcodes to all of its boxes.  While this policy will not be put in place

How to Build the Right Inventory Managment System

Questions to ask so you can make the right choices Years of handwriting SKU numbers or getting buried in piles of spreadsheet printouts have finally gotten the best of you. Handling frustrated custom

7 Supply Chain Predictions for 2016

We are over half way through 2015 and we hope it’s been a good one for your business. Here are some supply chain predictions for the rest of this year and for 2016 that could help you make next year e

How to Choose Inventory Tracking Software

Think about this, a customer calls in to make an order from your company. Your customer service rep fumbles around due to old, outdated software that’s slow and not meant for a growing business.  They

How to Get More Leads from Your Website

How do you feel about your company’s website? Like it? Love it? Hate it? Many small business owners are a bit disappointed with their websites. Too often, it’s because they have yet to see their sites

What is Stock Control Software?

Stock is a supply of something for use or for sale. Making sure that your business has the right amount of stock is essential not only to meeting demand, but also to profitability. This process is cal

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