Inventory

What is a Warehouse Management System?

As warehousing becomes more complex, there is a need to automate all processes to align them with automation already taking place in supply chain management (SCM). Modern Warehouse Management System can help.

Read more

How Stocktake Helps Prevent and Detect Theft

High-quality stocktake (inventory checking) provides assurance to managers of all units of the company that the financial statements and software system information on inventory is accurate and fair. At the same time, occasional stocktake works quite well to prevent theft.

Read more

8 Ways to Reduce Manufacturing Inventory

What is your attitude toward manufacturing inventory? Well, that could depend on your position within the organization. For instance, the production supervisor views inventory as a safeguard against everything that can go wrong during manufacturing, and your accountant looks at it as an asset that has value.

Read more