Before the overwhelming effect of COVID-19, contactless payment accounted for a fraction of transactions done in modern retail stores. As businesses begin to reopen and adapt to a more germ-conscious environment, contactless payment would emerge an essential solution to have at hand.… Read more
As a retailer, a physical count of inventory is a necessity for any retailer. Retailers by tax and accounting rules are to provide an accurate value of the products in their store by physically counting all inventory.… Read more
Do you have a warehouse, a store, or an inventory location? The time has come to conduct your first physical inventory count but you have no idea where to start? This guide will discuss what to do before, during, and after physical inventory counts. … Read more
Many businesses throughout the world have been forced to shut down due to the Corona Virus Pandemic. While some stores are on the path of resuming operations, others, not so much. If you are one of the many businesses waiting to get the signal to reopen, this is the time … Read more
Surplus Inventory is described as a situation where fewer supplies are used than what is stocked. It could be as a result of a customer canceling orders or a vendor offering a discount by increasing the quantity supplied. This can create cash-trap locked up in stock thereby affecting your profit … Read more