Welcome back to Whiteboard Wednesday, Fishbowl’s weekly video series that addresses big inventory management (and other business) issues. In this episode, James Shores talks about the important role reports play in running a business.
Detailed inventory reports can help you spot trends and opportunities in:
- Inventory turnover
- Demand for certain products
- Vendor price breaks
- Turnaround time on orders
- Customer history and loyalty
- Gross sales
- Labor costs
- And more
James adds his usual wry sense of humor to what could have been a dry, boring topic. Check out the video above and keep coming back to the Fishbowl Blog for useful information and other tips like this.
Robert Lockard is a copywriter with Fishbowl. He writes for several blogs about inventory management, manufacturing, QuickBooks, and small business. Fishbowl is the #1-requested manufacturing and warehouse management software for QuickBooks users. Robert enjoys running, reading, writing, spending time with his wife and children, and watching movies.