Batch numbers are useful when it comes to tracing products. Batch numbers or lot numbers denote similar products that were manufactured in the same production cycle. These numbers simplify the process of tracking products, their ingredients, and their expiration dates. … Read More
Inventory Management
What are the 5 Types of Inventory?
Minimizing waste and maximizing productivity during the manufacturing process is necessary for a business’s economic growth. By tracking resources from when they are raw materials, to work-in-progress, to the point that they become finished products, you can reduce cost and … Read More
How do Small Businesses Keep Inventory Records?
Small businesses are owned and operated by entrepreneurs who are passionate about the product they sell and work hard to monitor and manage all aspects of their business. Overseeing all aspects of a small business is not an easy task. … Read More
How ERP Software can Help Electronics Businesses
If you run an electronic business and are looking for an easy and transparent method of monitoring your incoming and outgoing units, then you are in luck. An Enterprise Resource Planning system is what you need! An enterprise resource planning, … Read More
How to Keep Track of Inventory in Warehouse
It can be a nightmare to keep track of everything coming and going from your warehouse. A typical business will have a large catalog of products, with multiple units. Inventory constantly flows in and out of the warehouse with every … Read More
What Does Inventory Management Software Do?
Whether you run a small brick-and-mortar store, an e-commerce business, or a large corporation, you NEED an effective way to monitor your stock levels. A lack of inventory management can lead to negative repercussions for your business, such as a … Read More
Which Software is Best for Inventory Management?
There is no doubt that a solid inventory management solution is imperative for all businesses. But with so many different software solution providers available in the market, it can be difficult to figure out which software is best for your … Read More
What are the Features of an Inventory System?
Since the outbreak of inventory management, businesses of all sizes have benefitted from more organized and easily manageable stock. In case you do not know what it is, an inventory management system is a process by which you track your … Read More