Inventory Management Blog

What are they and are they relevant for SMEs? Smart factories are coming into focus as businesses put more resources behind productivity and efficiency. A recent survey by the Manufacturer's...

For the first time ever, we now have five generations working in the modern workplace. Technology is increasingly the driving force behind the company. It has been termed the digital revolution....

SOS Inventory teamed up with Method: CRM to present a webinar on manufacturing workflow with tips to boost productivity. If you missed the live presentation, you can tune in to the video below....

Many year ago, Peter Drucker, a renowned American management consultant said, “show me a business that is going somewhere, and I will show you a man with a mission.”

There are some three billion working people in the world, with about 157 million in the USA, 42% of which work from home, up from a norm of 26% due to the current Covid crisis. Extensive surveys...

Introduction It is estimated there are some one billion Microsoft Excel users analyzing and manipulating corporate data, which is hardly surprising when Microsoft Excel (and other spreadsheets) are...

Preamble For many, the ideal model is never having to raise finances; the company can fund the initial startup themselves, and hereafter the business can grow at the rate the business generates...

This article is fueled mostly by the experience of Ricardo Semler, who successfully saved Semco, his father’s Brazilian pump manufacturing business, that had become too dependent on Brazil’s...

In the SOS SME Business innovation theme, we have written about several Covid transformations including the re-purposing of artisan gin distilleries, and a wholesale champagne business that found a...

When a nation locks down and industries are rendered inoperable, finding alternative business income generation can be necessary for survival. First and foremost, the business owner’s concern is...

Things NOT to do, and things worth considering. As a follow-up to ‘How to Build a Business that will Last’, this article examines the top five reasons why startups often don’t succeed and thrive...

2020 has been a year of surprises for businesses scrambling to adapt to change inflicted by virus lockdowns. PPC media spends across many platforms have shifted towards more predictable organic...

Recent statistics indicate the rate of business failure in the U.S. is increasing. Approximately 32% of us won’t be around in five years’ time! Researchers have analyzed why some companies survive...

If you have ever wondered, “what is inventory in accounting” and would like to learn a bit more about common inventory functions in manufacturing and warehousing, here are some answers to commonly...

https://youtu.be/FJ1kp29RBmg Spreadsheets are typically the main information management system used in the early stages of any business. Finance usually moves to a dedicated system first, with...

This is the first in a series of INSIGHTS where we look at businesses around the world that do things a little bit differently, just to give you some ideas to think about in your business. Role...