What is logistics and supply chain management (SCM)?
Logistics and supply chain management circle around the same flow of products and services. From the supplier → manufacturer → wholesaler, and…
Supply chain management: Meaning, Importance, E2E
Understanding your business and the type of goods or services you render to your client is remarkable. This is the ultimate step in…
Supply Chain – definition, elements, stages, types, models
Supply chains are complicated and vary in different business industries. So, understanding the supply chain model suitable for your business is…
What to know about accounting software for small business?
If you need to purchase accounting software for a small business then you need to do your research. If you don’t then you could end up making the wrong decision and wasting money. As the business owner, you will have to make sure that you have the right tool for the job. This is especially […]
What is the best inventory system for small retail shops?
Retailers and e-commerce business customers rely on efficient inventory management to ensure that their customer’s orders/purchases are delivered accurately and as scheduled…
Inventory accounting: Key terms and valuation methods
Inventory accounting is a calculated procedure for deciding the cost and value of stocks in your inventory. These changes can occur for several reasons, like, obsolescence, damages…
All about the retail inventory method
The retail inventory method is an accounting method used to estimate the value of products in a store at the end of a business period. There are four steps to…
Transition from retail space to e-commerce: Losses to profit
Migration from a retail space to e-commerce is a smart move for small business owners. The speedy growth of e-commerce in recent years as seen in the statistics…
What is Accounting and POS software?
Accounting and POS software; can be integrated to form a powerful tool. One of these special tools is called Vencru. It presents you with awesome benefits…
7 Important Features To Look For In A Retail POS System
POS systems are not all the same. Even though they may have similar features, that doesn’t mean they are all the same. When buying a POS system, it’s…
