NammaBill
Inventory waste is a silent profit killer. Whether it's spoilage or dead stock, inefficient management drains your resources. Here are 5 ways to fix it.
1. First-In, First-Out (FIFO)
Ensure older stock is sold first. This is critical for perishable goods.
2. Regular Audits
Don't wait for the year-end. Conduct weekly or monthly spot checks to match physical stock with your digital records.
3. Track Low Stock
Use NammaBill's low-stock alerts to reorder just in time, preventing overstocking.
4. Analyze Sales Reports
Identify which items aren't selling and run promotions to clear them out.
5. Use a Digital System
Spreadsheets are prone to errors. a dedicated app gives you real-time visibility into your stock levels.