by Mercato Team | Jan 29, 2019 | Inventory
Running a business can be stressful. Between managing sales, employees and point of sale, successful inventory management sometimes lags behind on the priority list. However, food store managers should pay attention to whether or not they’re managing inventory...
by Mercato Team | Nov 15, 2018 | Inventory
The Dos and Dont’s of Inventory Management Managing your inventory can be confusing, but here are some tips and tricks for efficient inventory management, calculating inventory turnover ratios, and maintaining the right balance of inventory types for your...
by Mercato Team | Oct 9, 2018 | Inventory
Have you ever seen a product at a certain price and you see that no one is buying it? Or on the other hand it is flying off the shelves at an unusual pace? That’s price elasticity of demand in full effect. The question is, what is price elasticity and who should care...
by Mercato Team | Aug 20, 2018 | Inventory
Excess inventory occurs when a merchant orders an inaccurate supply of inventory (too much). Excess inventory can also result when the demand for a product unexpectedly drops so that the business is left with more product than can be sold. This is a problem many...
