by Dr Will @ Iconic

Inventory Management by Spreadsheet

Posted by Will Bralick on Nov 30, 2015 5:14:14 PM

Many retailers begin simply - and the simpler the better.  I am among the first to agree that things should be as simple as possible. 

But no simpler. 

There are many excellent reasons to begin simply.  Among them:

  • Comprehensive systems are expensive either in licensing or support or both - often too expensive for a start-up
  • Simple tools are familiar and require no additional training
  • In the beginning, the amount of data is limited and the interactions among them simple
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Topics: Inventory

Managing Data with an Integrated Business Solution

Posted by Brock Broussard on Apr 9, 2014 3:50:49 PM

If your business's processes cover everything from maintaining data consistency to creating and keeping sales reports, you know how challenging data management can be. An integrated business solution can streamline operations across departments, but this kind of system may sound too complicated to deal with on a daily basis, especially in a fast-paced retail environment. New data integration technology can manage some processes automatically, making these systems simpler and more user-friendly -- not to mention profitable in the long run.

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Topics: bottleneck, country club, CRM, mobile POS, Inventory, Retail, POS, customer, big data, technology, High Technology, Advice, point of sale

Get Lean on the Green

Posted by Amos Hunt on Nov 4, 2013 1:50:42 PM

What does producing Toyotas have in common with managing a country club? If you've heard of Taiichi Ohno, you might know that his lean manufacturing system has been an inspiration for operations managers in areas far afield from building cars. His insights extend beyond the production line to any operation whatsoever, because they reveal some of the underlying common texture of all purposeful human activity (also known as work), and foster productivity by eliminating waste in all its forms.

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Topics: processes, Inventory, Iconic, waste, Process, Advice

Increase Sales Through Inventory Control

Posted by Melissa Drake on Oct 15, 2013 2:53:58 PM

Today's Tech Tuesday post will focus on how retailers can increase sales through inventory control methods. We'll be looking at an article by Rosemary Peavler for some of these methods.

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Topics: customers, processes, Inventory, Retail, shopping, technology, Advice, Tech Tuesday

Calculating Inventory Turnover (with PostBooks Example)

Posted by Amos Hunt on Sep 19, 2013 3:20:44 PM

Mathematicians developed Little's Law (which we discussed in last week's post) to solve a limited problem of measuring customer flow. The idea was to prove that you could calculate the average time spent by a customer at a location by dividing an average head count by the average arrival rate. But it turns out that this handy formula can be used to calculate the flow rate of any kind of inventory at all.

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Topics: flow unit, Inventory, Technical, operations managament, ERP, Process, postbooks

How Do I Measure Average Customer Visit Times?

Posted by Amos Hunt on Sep 12, 2013 7:12:36 AM

It's easy enough to find out how many customers come in and out of your location each day, or how many are present at any given time. You just count them. But what if you want to know much time the average customer spends in your store (or in a particular part of your store)? Unlike your run-of-the-mill parts or stock, you can't very well tag a customer as she enters the store, then scan the tag on the way out. For some reason human beings seem to chafe at that kind of thing. (We think it's probably because the labels leave an annoying, sticky residue on their foreheads.)

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Topics: customers, Inventory, customer, Process, time

Glug, Glug, Glug: Bottlenecks and Antagonistic Waiting

Posted by Amos Hunt on Aug 22, 2013 4:31:07 PM

You gently tilt a bottle of wine (or soda, if you’re a teetotaler) and watch a steady, slender stream of your liquid of choice descend into your glass. That’s nice, but you want more, faster, so you turn the bottle up a little more. The stream widens (and so do your eager eyes). But it’s still not enough, so you turn the bottle on its end. Suddenly that steady stream disappears and is replaced by a bursty, messy, series of explosions. Somehow, less liquid comes out of the bottle instead of more, and half of what does come out lands on the table instead of your glass.

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Topics: relationships, bottleneck, customers, processes, flow unit, Inventory, Retail, Process

Customers Are Inventory Too!

Posted by Amos Hunt on Aug 15, 2013 7:18:29 AM

If you’re wary of operations management, the title of this post might sound like just what’s wrong with business these days: customers shouldn’t be treated like anything but people, right? Do you really want to start thinking of them as numbers? Businesses that do that are quite diabolical!

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Topics: customers, processes, flow unit, Inventory, operation management, Process

Mobile POS Myths and Truths

Posted by Melissa Drake on Jul 22, 2013 8:30:58 AM

Unearthing the truth about mobile point of sale solutions: by Dale Fowler

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Topics: customers, Inventory, Retail, POS, mobile, databases

Inventory Management

Posted by Melissa Drake on Jul 18, 2013 10:05:56 AM

Today's post on inventory management is taken from an article posted on Small Business. The article focuses mainly on inventory management for retail clothing stores, but the tips and practices outlined in the article can easily be adapted to any retail environment.

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Topics: customers, Inventory, Iconic, Technical, mobile retail, Process, sales, technology, Tech Tuesday, mobile

Iconic BMS is dedicated to helping you make your brewery Iconic ... by providing the techniques and technology to improve your operational excellence.

Your brewery is focused, as it should be, on your beer and your customers.  The "business of the brewery" is that set of activities common to all businesses that make your organization effective and efficient.  Improvements in the "business of the brewery" help you improve by freeing resources to focus on what is most important - the Customer ... and the beer!

This blog will cover more than just techniques and technology, though.  Included will be all manner of information that takes a brewery from fantastic to Iconic.

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