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Save tons of money on inventory with stock rotation

All business owners hate to have obsolete or expired stock laying around in their warehouses and in order to avoid money-losing situations stock rotation is a life saver. If you’re wondering what stock rotation actually is, it’s the process of organizing inventory to mitigate the stock loss caused by expiration or obsolescence. It’s a practice […]

Royal Mail direct integration finalized on NVentree

We have great news for you! You will now be able to generate Royal Mail carrier labels without having to import or export order details from NVentree to Royal Mail and back as we finalized the Royal Mail direct integration into our app. Basically, we have automatized the Royal Mail integration by allowing you to […]

How Royal Mail’s updates helped Click & Drop be more reliable

Royal Mail’s Click & Drop is a new and highly efficient Postage Purchase solution which helps sellers buy postage labels online. It was designed to help sellers save time and effort by, for example, creating shipping rules when applying postage to an order, regardless if the seller manages a larger or a smaller business.   […]

The nightmare that is Slow Moving Inventory

Getting rid of SMI   Most online sellers encounter this issue at least once in their career, it’s something extremely difficult to avoid. Slow moving inventory, or SMI, is defined as stock keeping units (SKUs) that have not been shipped in a certain amount of time, such as 90 or 180 days, and merchandise that […]

What is your business’ inventory turnover rate?

Taking care of your online business is more than a hassle if you’re not organized well enough, especially nowadays, when retail businesses are active on multiple channels and also acting as a hybrid between brick & mortar stores and online shops. Competition is way tougher now, as sales see no boundaries or borders and orders […]

Use the FIFO approach to manage your stock’s life cycle efficiently

Manage your stock using the FIFO method (First In, First Out) Even if Nventree will update your stocks and automatically sync them with your sales platform accounts (eBay, Amazon, etc) and some of the most popular e-commerce websites (Magento, WooCommerce, Shopify), you should always keep track of the life cycle of your items in stock. […]