Proper inventory management is essential, so take a look at your current processes and see if you’re making one of these five common mistakes. 1. Unqualified workers are managing your inventory: Because this job is so important, you need to ensure you have the right people in charge of it. Hiring a professional inventory manager … Read moreAre You Making These Common Inventory Management Mistakes?
Modern retailers face a lot of challenges, but managing inventory accuracy remains one of the biggest. There are so many ways to lose track of inventory, and the numbers in the system can quickly become far different from what is actually in stock. Physical merchandise counting has to be performed regularly to maintain an accurate … Read moreThe Benefits of Cycle Counting
Most businesses that have supply chain operations will end up facing inventory reconciliation problems at some point, regardless of how capable their warehouse management system happens to be. As long as humans have to come into contact with inventory, there is the possibility of error, whether it’s a small one or something more significant that … Read moreModern Approaches to Cycle Counting Through Unmanned Aircraft System Technology
Despite the best efforts of management and modern inventory management software, inaccurate inventory counts are still a real possibility. When inventory data does not line up with what is actually in the warehouse, order fulfillment delays are likely, which can lead to dissatisfied customers. There isn’t really one single way to move closer to inventory … Read moreBoosting Inventory Accuracy By Cycle Counting Inventory