Running a home improvement business comes with a never-ending list of tasks, making it easy to forget about inventory management. But, with the need to monitor stock levels, optimise re-ordering, and shift with the seasons, it’s not something your business can afford to ignore. That’s where inventory optimisation comes in.
Kelly Edwards shares actionable steps to set up an effective inventory management system and get on top of your stock today.
Invest in Digital Inventory Software
The days of paper and pen inventory are long over. Now, home improvement retailers can take advantage of digital tools when carrying out inventory. This comes with a whole range of advantages, including:
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Enabling remote access so that you can access your inventory data on-the-go
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Allowing multiple authorised users to view and edit the inventory
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Making it easy to add, edit, and remove data to ongoing reports
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Enabling automated features for quicker inventory management
The type of inventory software you use will vary depending on your needs and budget.
As a small home improvement shop, for example, you…
