Purchasing, planning and production control depend on accurate inventory records to perform basic duties. For example, purchasing requires an accurate inventory count to determine the quantities of ...

Have you ever found yourself scrambling to find out which products are running low or when your next shipment is due? Managing inventory can be a daunting task, especially if you’re relying on ...

In a small business or small computer department, physically counting and tracking inventory can be an easy, quick thing to do. Even a computer novice can open a spreadsheet and list a few computers ...

Introduction: Why Inventory Turnover Matters More Than Ever Businesses need to optimize their inventory management because ...

Are you still tracking your business’ inventory manually? According to research from Gartner Digital Insights, you’re not alone. It found that 41% of businesses still use manual methods to track their ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Effective inventory management is vital for any ...

Any business that uses assets should hold a regular asset inventory audit in order to track important data like the number, condition, and location of all assets. The audit is a cost-effective method ...

As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...

Later this month, 3M plans to release its Asset and Inventory Tracking System, with a hosted software application that will allow organizations such as IT departments and construction equipment ...

RFID stands for “radio frequency identification,” and refers to a technology that uses radio waves to transmit information short distances. An RFID asset tracking system uses a combination of tags ...

A London-based company is looking to help catering companies cut operational costs by up to 20%, while reducing packaging expenses and single-use waste by as much as 50% though an RFID solution.