Inventory Tracking

Inventory reconciliation at close is the test that decides whether your COGS, your margins, and your tax return are built on a real number or a guess. Here is the checklist to pass it.

Inventory turnover ratio tells you how many times you sold through and replaced your stock in a period. It is the single fastest read on whether your cash is working or sitting on a shelf.

Sell-through rate answers one question: of the units you brought in, how many actually sold in the window? It is the fastest read on whether a buy was a hit or a mistake.

Two sellers with identical sales and identical purchases can report different profits, and pay different taxes, purely because they value inventory differently. The method is not a formality.

Reordering is a timing problem dressed up as a math problem. Get the timing wrong and you either stock out and lose sales or overbuy and trap cash. Here is a method that does not live in a brittle spreadsheet.

When the same SKU lives in four places, you do not need four spreadsheets. You need one count that knows where every unit sits and what it cost. Here is how to set that up.

Safety stock is the cushion that keeps a bad week from becoming a stockout. The reorder point is the on-hand level that tells you to buy. Together they decide whether you ever run dry.

An ecommerce seller with one warehouse has an inventory problem. An ecommerce seller with five (FBA, 3PL, home, in-transit by sea, in-transit by air) has an accounting problem dressed up as an inventory problem. ConnectStock solves the accounting side, where most other inventory tools stop at counts.

GMROI is the dollars of gross profit you generate for every dollar invested in inventory. It is the single most useful inventory metric for ecommerce sellers, and the one most commonly missed because retail accounting software doesn't compute it natively.

Most ecommerce sellers know their company is profitable. Few can answer which SKUs are dragging that profit down. The difference is what separates a business that scales from one that grows revenue while shrinking margin.

Track your Amazon FBA inventory with 100% accuracy using ConnectBooks’ advanced Daily Ledger sync.

At ConnectBooks, we understand that managing real inventory costs goes beyond purchase prices. We're excited to introduce the new Landed Cost feature. A powerful addition to our inventory management system that helps you track and allocate all costs associated with bringing products to your warehouse.

Best Examples of Just-In-Time (JIT) processes and results that will blow you away. Explore real-world Examples of Just In Time inventory systems across industries. Learn how JIT principles boost efficiency and cut costs in modern business.

Looking to understand the concept and benefits of a perpetual inventory system? Join us as we're Demystifying Perpetual Inventory Systems: exploring the ins and outs of this powerful system, including advantages, disadvantages, and if it's the right fit for your business.

Seeking information on how to effectively manage inventory across multiple sales channels? Discover how to optimize your multi-channel inventory management, boost sales, and improve customer satisfaction with our expert strategies and insights.

For some eCommerce businesses, inventory is something that is best left to someone else. This is why dropshipping or 3PL is such a common practice. However, if you want to have control over your own inventory, you’ll need to find a way to accurately account for every item under your purview.

When you run an eCommerce business, you have to know exactly how much every item costs. Unfortunately, this isn’t always easy, especially when the cost of getting products to their destinations varies with each and every product.