What is a dead stock? Businesses can’t sell all of their inventory. The stock left behind is known as dead stock. In simple words, the stock that doesn’t sell is known as dead stock. Dead stock is one of the worst situations in wholesale businesses…
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3 Min Read
What is Manufacturing Overhead? The total costs involved in product manufacturing is called manufacturing overhead. We can also consider it as the cost incurred during a firm’s manufacturing operations. Manufacturing overhead is also known as factory burden, factory overhead, and production overhead. It is different…
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14 Min Read
The wholesale industry is constantly evolving as technological advancements have enabled wholesalers to digitize their business. With digitization, buying wholesale goods has become easier than ever. How? Through online wholesale shopping sites of course. Almost every major wholesale business has established a strong online presence…
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4 Min Read
When it comes to starting or running your business, one of the most important things is to link with a great wholesale supplier. Many people believe it’s because of the quality of the products. But, another reason is that a good and trusting relationship between…
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10 Min Read
Pandemic and Covid were the biggest buzzwords back in 2020 and 2021. Several businesses shut down, and the retail industry went through seismic changes. Understanding these changes will help you discover where the industry is headed and how consumers evolve. This article will cover some…
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4 Min Read
A wholesaler permit is a legal document that allows wholesalers to buy products in bulk to resell them. Wholesalers need to obtain permits to conduct their business because some manufacturers prefer to only buy products from those wholesalers who have a wholesaler permit. A wholesaler…