Overstock inventory occurs when businesses hold more stock than they can sell. This ties up cash, uses storage space, and can devalue a brand. In this article, you’ll learn the causes, effects, and prevention strategies for overstock inventory, especially for
How Advance Apparels Went From Disjointed Systems to Seamless Integration with ApparelMagic
Advance Apparels is a family-owned business specializing in boho-inspired apparel using sustainable and artisanal tie-dye techniques from India. When the company started to grow, they realized that spreadsheets and QuickBooks Desktop (and eventually, QuickBooks Online) were no longer enough on
10 Years with ApparelMagic: West Indies Wear’s Journey to Better Inventory Management
The Challenge West Indies Wear, founded by designer Kim Van Loo, started as a small but vibrant resortwear business. In its early years, the company faced significant challenges managing its growing inventory and complex orders. Initially, Kim relied on Excel