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Topic: automated inventory control

The Challenges of Balancing Inventory

Ultimately, the goal of inventory management is to match supply with demand. However, establishing and maintaining the perfect balance can seem virtually impossible. Insufficient or surplus stock, high demand or oversupply, the seesawing effects of supply and demand are a major challenge when trying to effectively manage your inventory stock. The i ... Read More

  March 24, 2018     

World Wide Web Wednesday #20

Whether you need some lunch time reads or something to get you past hump day, we’ve curated five links you’ll enjoy! The solution for warehouses bursting at the seams Automated storage, once a luxury, has emerged as an ideal solution for those struggling to cope with strained storage systems. Automated storage cuts storage space by […] ... Read More

  January 24, 2018     

Manufacturing Inventory Management: 5 Benefits You Need To Know About Cloud Software

Manufacturing businesses are faced with many challenges; the world is fast-paced and globalised more than ever. We see growth in consumer technology, and turbulent consumer purchasing behaviour. These factors together bring both opportunities and threats. It is now vital for manufacturing businesses to invest in automated solutions to hone in on th ... Read More

  September 22, 2017     

How Inventory Management Software Informs Better Business Decisions

Inventory management software can be costly, especially if you are a small business. However, if incorporated into a business properly it can become quite the asset. We look at five ways that inventory management can help inform better business decisions. Time saver Good inventory management software allows you to keep on top of your inventory, [&h ... Read More

  September 18, 2017     

Four Reasons Why Inventory Automation Saves Money

If your business is stock based, then inventory may be its biggest asset – whether your business is a wholesaler, manufacturer or retailer. Inventory management is essentially the practice of maximising the use and value of your business’ biggest asset. Inventory automation can unlock further efficiencies, allowing your business to grow to ... Read More

  September 4, 2017     

Common Inventory Management Mistakes

Inventory management can be overwhelming. There can be an incredibly large amount of tangible inventory, which can translate to a huge amount of responsibility and pressure to manage this inventory properly. Unfortunately, mistakes are inevitable in any business and especially with inventory control. Luckily, by addressing a variety of factors that ... Read More

  August 30, 2017     

How Inventory Control Protects Your Greatest Assets

Inventory is at the core of a company’s revenue, profitability, and customer satisfaction. Interestingly, retailers are losing an estimated $50 billion dollars a year by not properly controlling one of their most important assets. Inventory control systems have been developed to help automate the process of tracking and managing a company’s inv ... Read More

  August 17, 2017     

Barcoding Tools For Inventory Efficiency

Barcoding is the new way of doing inventory management, and it is no surprise that companies who make the switch rave about it to no end. There are so many bonuses to barcoding including saving time, money, reducing wasted resources and removing the painful feeling of having an out-of-control warehouse that desperately needs a systems […] ... Read More

  August 12, 2017     

Inventory Management: Five Key Tips for Distributors

Distributors entire business revolves around inventory. Due to the nature of the distribution model where distributors profit by selling inventory to their customers, failing to manage inventory well can be a major liability for distributors. From tasks including inventory receiving, replenishment, inventory stocking, compliance labelling, processi ... Read More

  July 10, 2017     

Two Approaches to Tracking Inventory

Accurate inventory control is a serious business and organizations are increasingly recognizing the importance of implementing sound inventory management practices within their organizations. How then do we go about tracking inventory? There are two approaches, the traditional method of manually tracking and recording the flow of goods into and out ... Read More

  June 2, 2017     

5 Reasons To Make Barcodes a Priority

If your business relies on manual stock handling processes, then chances are that you are not managing your inventory as effectively as possible. Manual processes cost a lot of time and can often increase error rates in an organization’s inventory data. While some forms of automation can be costly to set up, barcode tracking is […] ... Read More

  June 1, 2017     

Six Common Barcodes Explained

Barcode symbols are used to encode information such as product numbers, serial numbers and batch numbers. Barcodes can be scanned electronically using laser or camera-based technology that allows goods to be tracked throughout the supply chain. There are over 100 various barcode symbols which are typically either one or two-dimensional. The linear, ... Read More

  May 31, 2017     

Getting Started with Inventory Barcoding

Barcodes are easy to implement, and they have the potential to take a lot of pain out of the inventory management process. Not only do barcodes speed up data entry, they also increase the accuracy of your inventory records and make real-time inventory control possible. Here’s how to set up barcoding for inventory management. Generating […] ... Read More

  May 30, 2017     

Barcoding Inventory: How Barcodes Work

Barcodes can streamline the inventory management process speeding up data entry, supporting traceability and enabling real-time inventory control. At their most basic, barcodes are a unique way to identify different products. If your business uses barcodes for inventory management, it helps to understand how barcodes work and how they are commonly ... Read More

  May 29, 2017     

Need to Streamline Your Inventory Management?

In today's competitive business environment, it's important to have strategies in place that make the inventory management process as easy and efficient as possible. We detail five ways to streamline your inventory management.

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  December 7, 2015     

Common Inventory Mistakes and Some Simple Solutions

The inventory management of today’s business world incorporates a wide spectrum of skills and functions, utilized by an even wider range of users. From the simple, manual stock-count of a local shop to the tech-savvy, real-time stock tracking of a busy modern retailer, right through to the complex and multi-layered supply chain management ... Read More

  November 25, 2015