Are Inventory and Stock the Same Thing?

The short answer to this question is: no, inventory and stock are not the same thing. Though many people use the two words interchangeably, they actually have different meanings. We’re not just being picky over semantics here either. Understanding them correctly will help you manage your business more efficiently – and that’s crucial in a…

Why Is Stock Control Important?

We’re guessing you’re here because your business handles stock, or you’re considering starting up a new business that sells goods. Are we right? Whether you’re in eCommerce or bricks and mortar stores, managing your inventory is a fine balancing act. Under stock, and you risk losing customers; overstock and you could be eating into your…