Home / Author Archives: Jay Schofield

Author Archives: Jay Schofield

How To Use Your Fixed Assets To Get A Small Business Loan For The Holidays

DSLR picture of a man arm paying christmas or holiday gifts with a credit card using NFC or contactless payment technology.

Businesses everywhere are gearing up for the most important time of the year: the holiday season, which begins earlier and earlier as eCommerce retailers and brick-and-mortar small businesses compete to win shoppers’ attention. And in 2017, the holiday shopping season is expected to be bigger than ever, according to the National Retail Federation. And in 2017, the holiday shopping season ... Read More »

Inventory Management Tips for Creative Entrepreneurs

Latin American woman thinking of creative sales ideas at the office to put in a wall chart

As an artisan, you want to focus on perfecting your art and envisioning new ideas. But as a small business owner, you may feel the everyday tasks of running a business get in the way.  And as your business expands, it’s likely getting harder to keep up with both the creative and management sides of your company. Perhaps you spend ... Read More »

Why Barcodes Almost Never Fail

Most modern businesses that deal with transporting inventory and assets from one place to another—from a supplier to the company warehouse, or to a customer’s doorstep—understand the need for a barcode-based management system. The days of manually calculating inventory levels with a pencil and pad are long gone. But why? What makes barcodes so effective, almost never failing in ways ... Read More »

The Warehouses of the Future

3d rendering drone in empty factory

If you’re above a certain age, you likely have an outdated image in your head of what a warehouse looks like. (And if you’re below that age, you likely don’t think about warehouses at all.) Those involved in the intricacies of warehousing—small business owners who want transparency in their supply chain, for example—know that the warehouse is changing, and the ... Read More »

The North American Free Trade Agreement

hand of a black man writing on an electronic tablet

Generally speaking, 2017 has been a good year for business, with consumer confidence on the rise, the stock market hitting all-time highs, and hundreds of thousands of jobs being added each month. If there’s one area that business owners need to exercise caution and thoughtfulness, however, it’s in regards to their supply chains, which could be greatly affected by a ... Read More »

How To Build A Smarter Warehouse

mechanized robot hand holds the objects drawn to a man's hand shaking hands

Unless you’ve been living under a rock, you know that the business world—specifically retail—has undergone a massive change over the last few years. The way we shop has been altered dramatically, and as a result the way companies produce, store, and ship their inventory has changed as well. With everything else in our lives undergoing a technological overhaul, it’s time ... Read More »

What To Do With Your Distribution Center Metrics?

Businessman checking inventory in stock room of a manufacturing company on touchscreen tablet

To run a successful, small business, it’s imperative that your distribution center (DC) runs efficiently.  After all, the health of your business and the satisfaction of your customers depend on you having popular items in stock and orders shipped on time. Perhaps in the past year, you’ve moved from manual inventory tracking, like spreadsheets or handwritten records, to an automated ... Read More »

Supply and Demand Meets Consumer Demand

Cardboard boxes on conveyor belt in warehouse

Changes in the supply chain and how the modern consumer continues to influence its progress Do you remember the days of old when you would mail in a slip of paper and a check? In exchange, you could expect a package to grace your doorstep – within about two months. Then came toll-free, call-now numbers that could take your credit ... Read More »

How the Sharing Economy Has Changed the Supply Chain

A young white italian man with tattoos, hailing a taxi whilst holding a cellphone in Tokyo.

  There was a time not too long ago when the thought of getting into a stranger’s car, or sleeping in their bed, was unthinkable. We only trusted cab drivers to ferry us from place to place, or hotels to rent us rooms when we were away from home. Today, we consider these things relatively normal, thanks to the work ... Read More »

‘Tis the Season To Prep 2018 Taxes: Asset Management Can Save You Time

Office, business tools with dollars and calculator on table

Tax season has passed and next April will come along before you know it. Did you collect your gross receipts and banking statements? Travel expense logs? Equipment vouchers? The equipment itself? Maybe? What about inventory documents? Did you gather them together? Can you find them all? Leases? Payroll accounts? Insurance information? If you rely solely on your accounting or, even worse, ... Read More »