Inventory management is a tough task, especially when you’re starting out. Though having practical knowledge is great, but sometimes theoretical knowledge can come handy. There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market. Inventory management books really help us in establishing the basics, concepts, and visualization of the inventory management, and give insight to the common problems and their solutions. Below is the list of 10 inventory management books, which are must read if you want to wo ..read more

As the XERO app partner, the EMERGE team recently attended Xero Roadshow 2023 in Singapore as a valued warehouse management system partner. It was pretty awesome as we got to meet many accountants, consultants & business outsourcing services that were interested in reselling for the EMERGE inventory management app. Being selected to exhibit shows the trust, accreditation, importance and support that XERO’s team put in us as a partner app to add value to their existing customers. There were also partners in the payments, e-wallet, human resource management, and other workflow management ap ..read more

My name’s Ben. Before I founded EMERGE App, I started a custom t-shirt printing business while I was still in school. Just like your business, I quickly found that building and sustaining a traditional business is tough work! Conventional wisdom tells you to always be around to manage the business 24/7. However, many business owners like yourself are often doing business development too, traveling frequently to meet customers, suppliers and being physically away from your employees and business operations. Of course, having a great team to sell and manage things is important but these tools ca ..read more

The beauty of today’s business software is that most are flexible enough to adapt to any business. Say goodbye to ugly and limited on premise software. And you no longer have to look high and low for vertical industry solutions. Cloud applications enjoy wide distribution and availability. This means ready-made software can solve most problems faced by businesses. For inventory management, in particular, we’ve seen how cloud apps such as EMERGE App are equally at home managing the inventory of artisanal handmade jewelry, exotic car parts, and even industrial chemicals. Here, we’ll show you how ..read more

Q: Andrew, you’ve had an amazing career as an entrepreneur. Can you share with us some of the goals and motivations that drive you every day? Andrew: Internally, my goal each day is to try and help the people around me get better. I try to create an environment where everyone feels invested in the company and truly cares about each other. Employees will work harder when they feel invested to the people inside the company. We try to give them the resources and tools to be the best they can every day. The team and people here are what motivates me each day. Q: PriceWaiter touches on a point that ..read more

We understand that after the acquisition of Tradegecko, it will be decommissioned and users like yourself will need to look for a replacement inventory management system. We will be sharing how EMERGE stack up with Tradegecko and the specific types of companies that are most suitable to use EMERGE. Tradegecko is optimized for e-commerce merchants while EMERGE is optimized for B2B Importers and Exporters The majority of Tradegecko’s users are e-commerce merchants which requires integration to multiple e-commerce platforms such as Shopify, Woocommerce, Amazon & eBay such that orders can be ..read more

Imagine yourself making huge sales. The rate at which the products are flying-off your shelves is so fast that you can’t match their demand. What happens next? Do you stop selling? You can’t afford to disappoint your customers, lose them to your competitor and spoil your sales. Not at all. To avoid that, you use backordering. What is Backordering? Backordering is allowing your customers to place their orders even when you don’t have enough stock at hand or orders you can’t fulfill. A business implements backordering when abrupt sales increase, meaning products are sold faster than they are sto ..read more

The greatest motivation you can ever get in your eCommerce business is to have a customer pay for a product before launch. Preordering validates your idea or product. If you have ever run out of stock in your online store, or you don’t have money to manufacture products, or you aim at launching an innovative item, offering pre-order items and introduction of a pre-order button could be the answer. Opening pre-orders enables you to sell products that you don’t have. You give your shoppers a chance to buy a commodity before its production, or it’s not ready to ship. Pre-order sales are suitable ..read more

Direct materials cost is the cost of direct material associated with a production unit. Direct material is also referred to as productive material. Direct material cost fluctuates a lot from unstable purchasing conditions and unpredictable manufacturing controls. The manufacturing costs are uncertain as they are affected by production processes and purchases of raw materials. Businesses allocate the expected cost to an item using a standard costing system. Direct materials form part of your business’s inventory. Calculating direct materials used demands that you know the actual materials consu ..read more

Inventory is the store or stock of goods. The goods are retained at hand or nearby to allow the business to meet the demand fulfilling its reason to exist. And in this post, you’re going to know the type of inventory exists. Let’s get started. Four Types of Inventory There are four types of inventory: work-in-progress, finished goods, raw material, and MRO goods. Raw Materials The raw material is a type of inventory used by the manufacturer in the conversion process to generate subassemblies, components, or final groups. The inventory items could be extracted materials or commodities that have ..read more