
Cash is the bread and butter for any business. For wholesalers, manufacturers, distributors, and other B2B companies, it's vital to manage cash flow closely since retailers typically pay days after orders are delivered. Without a healthy cash...
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Are you losing money because your stock is sitting in your warehouse for too long?
Do you have problems with low turnover and obsolete inventory?
Wondering if you can avoid these types of problems in the future?
In this article, we want to...
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Jun 13, 2018
Sweet Technology
wholesale, pricing, business advice

One of the biggest challenges wholesale and distribution companies face is choosing the right pricing strategy. The decisions you make concerning pricing can make or break your business. Set the price of your goods too low, and you risk...
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Having a minimum order quantity (MOQ) is a necessary evil in the wholesale, manufacturing and distribution business. It protects suppliers, but potential buyers hate it.
But what is minimum order quantity exactly? Why should your business...
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May 31, 2018
Sweet Technology
General, business advice

A bill of materials (BOM) is an essential document for any manufacturing business. It provides a detailed list of raw materials, components, and sub-assemblies necessary to manufacture a product. Good BOMs give value to several departments across...
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If you are reading this article, you probably fall into one of these categories:
- You have your products ready and are looking to start a wholesale business selling to retailers.
- You have a business that is currently selling to consumers and is...
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May 11, 2018
Sweet Technology
wholesale, business advice

Upselling and cross-selling are two strategies that can help drive your business’s profits. Amazon is a perfect example. The multibillion-dollar eCommerce company was able to increase their revenue by around 35% due to their simple yet...
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Any small business owner knows that keeping track of their finances and inventory data is a pain. It is a time-consuming and complicated process. The main frustration for most business owners is that the majority of their time is spent, not...
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By 2021, the B2B eCommerce market will be worth nearly $11 trillion dollars globally. That would make it roughly twice the size of the B2C eCommerce market! While it will be much larger than B2C, it’s also a more challenging space...
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Creating a world-class omni-channel sales system for your business does not have to complicated. For customers of Shopify’s eCommerce platform, connecting Shopify with Sweet’s inventory and order management software gives you...
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