Inventory

Shopify Inventory Management Basics for SMEs

Setting up a business in Shopify is an easy thing to do. Properly managing that business, however, takes work. Here are some techniques and apps for effective Shopify inventory management. You can also listen to this article:

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How to Calculate the Cost of Goods Manufactured (COGM)?

Knowing your Cost of Goods Manufactured is a good way of getting an overview of production costs and how they relate to the bottom line. Calculating COGM allows management to identify cash drains, adjust prices, and track the development of the business. You can also listen to this article:

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What is a Warehouse Management System?

As warehousing becomes more complex, there is a need to automate all processes to align them with automation already taking place in supply chain management (SCM). Modern Warehouse Management System can help.

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