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 ...

Your consignment business' success depends partially on your ability to accurately track your inventory. Tracking begins by creating a reliable record of each consignor's incoming merchandise and ...

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 ...

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 ...

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 ...

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 ...

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 ...

In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...