Inventory Management

Worker doing stocktaking of product management in cardboard box on shelves in warehouse. Physical inventory count. Checking stock in factory.

Five Common Inventory Control Problems

Over the past several years, we’ve seen inventory control problems become the topic of family conversations as well as business conversations. Supply chain problems affected everyone. Even the family cat was affected as a can shortage continues to make certain varieties of cat food difficult to find on store shelves. (Finicky cat owners, beware—and stock …

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warehouse with images showing supply chain automation

Make to Order Requires Supply Chain Automation

Supply chain automation has become essential, especially now during these times of supply chain disruption. Although the pandemic has indeed disrupted the supply of raw materials and goods worldwide, not all supply chain issues can be traced back to pandemic shortages. Shifting consumer tastes, sudden changeovers instead of gradual seasonal changeovers, and other stressors on …

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Cycle Counting vs. Physical Counting: Which Is Best?

Taking inventory is one of those chores that many businesses put aside for another day. It’s tiresome and may require shutting down all or part of the warehouse to take an accurate count. But what’s worse than losing time is losing inventory value. The longer that inventory remains in the warehouse, the greater the depreciation. …

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7 Tips to Use Manufacturing Inventory Management Software for Better Inventory Control

Manufacturing inventory management software has come a long way from the days of stand-alone systems and bulky specialized equipment. Today’s specialized inventory management software does more than scan and input data into a manufacturer’s ERP system. These seven tips can help you use your inventory software for better inventory control. Inventory represents such a huge …

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Prepare for a Profitable Year With These Inventory Management Strategies

This year, prepare for business growth by implementing these inventory management strategies. Although no one can predict business cycles, companies who sell via e-commerce or who run 3PL and similar business models know the intense pressures of the past year are likely to continue as people increasingly order online. The following inventory management strategies can …

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