inFlow Inventory

Understanding your business’s gross profit margin is important for tracking financial health and long-term growth.

In our latest article, we discuss what this metric means, the factors that influence it, and strategies to help improve profitability.

Read our blog to gain valuable insights into optimizing your revenue today!

Improve Your Gross Profit Margin With Efficient Inventory Management Explore the concept of gross profit margin and its role in assessing the financial well-being and success of a business.

Knowing your cost and the difference between markup and margin is essential for smart pricing.

✅ Markup is the amount added to the cost to set the price.

Example: Adding $90 to a $110 product gives a $200 price, or an 82% markup.

✅ Margin is the selling price of a product minus the cost of goods.

Example: Selling for $200 with a $110 cost gives a $90 profit, or a 45% margin.

Want to dive deeper on what these terms mean and how to calculate your numbers? Check out our blog for a full breakdown!

Margin vs. Markup: Which Formula is Best For Your Business? Not sure how to calculate margin vs markup? We'll explain the difference with simple formulas that you can use at your business.

Running a business is no easy path. From meeting customer needs to managing cash flow, every day brings new challenges.

There's also one hidden hurdle that can quietly impact your success: inventory shrinkage.

But what is it, and how can you prevent it? Read our latest blog to learn all about inventory shrinkage and how to protect your business.

Effective Strategies to Prevent Inventory Shrinkage Inventory shrinkage can be a major challenge for businesses. Find out how to minimize losses and optimize inventory management.

The inFlow Inventory team is thrilled to be a sponsor of this year’s in Las Vegas!

Join us in the Exhibit Hall to catch a live product demo, get answers to all your inventory questions, and grab some exclusive swag.

We can’t wait to see you there—come say hi! 👋

If your business deals with physical products, having a stock control system is essential for keeping things organized and running smoothly.

But what exactly is a stock control system, and why is it so important?

Today, we’re exploring the types of systems available, what to look for, and more. Let’s clear up all your stock control questions!

Why a Stock Control System Is Crucial for Small Businesses A good stock control system will help you stay on top of your inventory if you work with physical products of any kind. (Robert)

Warehouses are a big part of any business, but they can be tricky to manage. They take up space, cost a lot, and need careful organization. But when a warehouse runs well, it means faster orders and happier customers!

That’s where LPN (License Plate Number) barcodes come in. These barcodes make tracking products easier and keep things organized so businesses can save time and reduce errors.

Curious about how LPN barcodes help warehouses run smoothly? Read our blog to dive into the details!

A Step-by-Step Guide for Implementing LPN Barcodes Enhance your logistics with LPN barcodes. Find out how businesses use LPN labels to track and categorize moveables in warehouses.

Want to succeed in the HVAC industry?

Catch our latest podcast highlight, where we share the top recommendations that can help you thrive in this competitive field. From expert insights to practical tips, you won't want to miss it!

Tune in to learn and set yourself up for success!

Top Recommendations to Succeed in HVAC | Secret Life of Inventory Listen to the full episode: https://youtu.be/KXvRNWiNSEI?si=VmwH5XY8zKumDRgpMore HVAC Resources:https://youtu.be/xDwi6RLHwuc?si=bhrR1GsXuwOmKtQRhttps://youtu...

Are you still relying on pen and paper for managing your inventory? You might be missing out!

Many businesses believe barcoding systems are only for big brands, but the truth is, they can be affordable and accessible for everyone.

Check out our ultimate barcoding guide tailored for small business owners looking to easily implement barcoding into their systems.

The Ultimate Barcoding Guide: Barcode Your Business Today Learn everything about barcodes for businesses of all sizes. Improve accuracy and efficiency with a cost-effective barcoding system.

Thinking about starting your own HVAC business?

In our latest podcast highlight, we share essential tips to help you navigate the journey. From understanding the industry to building your brand, we've got you covered!

Tune in for insights and inspiration to kickstart your HVAC venture.

Tips to Start Your Own HVAC Business | Secret Life of Inventory Listen to the full episode: https://youtu.be/KXvRNWiNSEI?si=VmwH5XY8zKumDRgpMore HVAC Resources:https://youtu.be/xDwi6RLHwuc?si=bhrR1GsXuwOmKtQRhttps://youtu...

Looking to optimize your HVAC inventory management?

Watch our latest podcast highlight on Best Practices for HVAC Inventory Management! We share essential tips to help you optimize your processes and increase efficiency.

Best Practices for Effectively Managing HVAC Inventory | Secret Life of Inventory Listen to the full episode: https://youtu.be/KXvRNWiNSEI?si=VmwH5XY8zKumDRgpMore HVAC Resources:https://youtu.be/xDwi6RLHwuc?si=bhrR1GsXuwOmKtQRhttps://youtu...

Finding the right price can be tricky. MAP pricing (Minimum Advertised Price) helps brands maintain their value, but it can also create challenges for retailers trying to boost sales.

Today, we’re exploring what MAP pricing is, why it matters, and how retailers can navigate it smartly. Read our new blog post to dive into the details!

Navigating MAP Pricing Policies From a Retailer's Perspective Learn about MAP pricing and how it helps protect brand integrity and maintain price stability in the retail industry.

Ever wonder how HVAC companies manage all their equipment and parts? 🔧

In our latest podcast highlight, we break down What is HVAC Inventory Management and why it’s crucial for staying efficient and profitable in the industry.

Whether you’re running a service company or curious about how it works, this episode is packed with insights!

Check out the highlight now and learn how smart inventory management keeps HVAC businesses running smoothly.

What is HVAC Inventory Management? | Secret Life of Inventory Listen to the full episode: https://youtu.be/KXvRNWiNSEI?si=VmwH5XY8zKumDRgpMore HVAC Resources:https://youtu.be/xDwi6RLHwuc?si=bhrR1GsXuwOmKtQRhttps://youtu...

Pricing is crucial to any business, and dynamic pricing is one strategy that's becoming more popular. It adjusts prices based on real-time market data, helping businesses stay competitive and make the most of their products or services.

Read our blog post to explore the pros and cons of this approach and how you can decide if it's the right move for your business.

What Is Dynamic Pricing, and Can It Erode Customer Confidence? Is dynamic pricing right for your business? This article explores the pros and cons and provides tips on implementing this strategy.

Are you thinking about starting your own HVAC business or taking your current one to the next level?

In the newest episode of , we dive deep into the strategies and steps you need to know to build a thriving HVAC company. From understanding the essentials of starting an HVAC business to how to effectively manage inventory and scale, this podcast covers it all.

Tune in for actionable steps to boost your business!

🎧 Available on YouTube, Spotify, & all podcast platforms.

How to Start and Scale Your Own HVAC Business | Secret Life of Inventory Are you thinking about starting your own HVAC business or taking your current one to the next level? In this episode, we dive deep into the strategies and st...

The rise of cloud-based services like Google Drive and Dropbox has transformed the way we store and access information. While convenient, it also comes with security risks. This is why SOC 2 compliance is crucial—it ensures that your data is safe and secure.

Want to learn more about SOC 2 compliance and how it impacts your business? Read our blog post for all the details!

The Risks of Non-Compliant Inventory Software: Why SOC 2 Matters Discover the importance of SOC 2 compliance for business software. Learn about the framework and its five key factors.

Starting your business can seem straightforward – buy or make your products, sell them, and boom, you're in business! But there's one key thing that often catches people off guard: legal compliance. It’s essential to protect both your business and your customers.

A great example? The GDPR. It stands for General Data Protection Regulation and it's a federal regulation that can be tricky for new businesses, but it's super important!

Read our latest blog post to dive deeper into what GDPR means for your business and why it matters.

GDPR Compliance: Is Your Software Following Regulations? Learn about GDPR compliance and why it's not only necessary for companies operating in the EU, but how it can also build customer trust.

Don't miss our webinar TOMORROW on Tuesday, October 8, 2024 at 11:00am ET to explore how our inFlow Email Designer can help customize the way you send your inFlow Order Emails to your customers!

Register now to secure your spot and for the chance to win a $100 gift card! See you there!

inFlow: Email Designer Join us to learn more about how to customize the way you send your inFlow Order Emails to your customers. inFlow’s Email Designer simplifies creating email templates for all your inFlow orders!