Get to know us
Services and history
Established in 2023
About Know Your Inventory
Origin: Our founder has 20 years of experience in helping shops manage their products. We know a lot about making sure stores have the right items to sell.
Challenge Identified: Many stores have too much of what people don't want to buy. This is a problem because it means the store's money is stuck in products that aren't selling. We saw this happening and decided we wanted to help fix it.
Our Solution: We use data and special measures called key performance indicators to help stores know what to stock up on and what to reduce. This way, stores can sell more and have more money for new and better products.
2024 Milestone: We created a new software this year to help stores easily track their sales and understand which products are popular and which are not. This tool is designed to make managing inventory simpler and more effective.
Our Mission: Our goal is to help stores better manage their inventory so they can grow and be more successful. We provide advice and tools that help them make smarter decisions about their products.
Join us in helping stores manage their products better, leading to their growth and success.
Introducing Profit Path by Know Your Inventory
At Know Your Inventory, we've developed the Profit Path software, designed to give you a crystal-clear understanding of your business's performance. Here's how it works to empower your business:
Daily Sales Tracker: This feature allows you to set and monitor monthly sales goals for both your store and individual employees. It helps you keep an eye on profit margins, inventory movement, and track invoices. By observing daily metrics, you can spot small trends and adjust strategies promptly, ensuring your business stays on the right track.
Weekly Inventory Tracker: Get a comprehensive view of your store's health each week. This tool is your go-to for monitoring inventory levels, ensuring you always know what's in stock, what's selling, and what isn't.
Monthly Open to Buy: Our most powerful feature, the Monthly Open to Buy, equips you with the insights to manage your inventory efficiently and make purchase decisions with confidence. This is your key to mastering inventory control and planning future purchases with precision.
Quarterly Tools: Use our sales forecast tool and cycle counter quarterly to ensure your sales data is accurate and your inventory is fully accounted for. These tools are essential for keeping your business aligned with its financial goals and inventory needs.
Profit Path is here to revolutionize the way you manage your business, from tracking sales to optimizing inventory. Join us in taking control of your inventory and steering your business towards success with confidence.
People and culture
We are all about helping businesses improve. We believe in the power of tracking data to spot ways to get better and celebrate the wins.
We care a lot about the companies we help. It's tough to make improvements, but we're here to support you all the way. We aim to understand your goals and help you reach them.
As a global company, we take pride in our worldwide presence and the perspectives our employees bring from across the globe. We're committed to contributing to the global community, aiming to provide meaningful employment opportunities that allow our team members to support their families.
We see ourselves as more than a service; we're your partners in growth. Let's team up to take your business to the next level.
Eric Gipe
Founder / Lead Dreamer
Nahid Tamim
IT / Web Design