It’s no secret that managing your warehouse inventory can be tough. This task involves managing both inventory and the personnel who maintain the inventory. In order to optimize your inventory, you need to improve the efficiency of the warehouse. These tasks go hand in hand. The warehouse needs to operate in a way that allows workers to […]
Warehouse
Five Causes of Obsolete Inventory
It’s a common misconception that inventory cannot go to waste. Mature stock cannot always be sold at some point in the future. Obsolete or dead inventory is stock that can no longer be sold because the product has reached the end of its life cycle. This inventory will not sell for a long period of time and is […]
Five Ways to Effectively Reduce Your Inventory Shortages
Accumulating stock will not help your company reduce its inventory shortages. It may seem that the obvious solution to stock shortages is to increase your safety stock. After all, it makes sense that carrying more safety stock lowers your chances of a shortage. Unfortunately, this is far from the truth. Increasing safety stock is a costly way to manage […]
8 Industrial Vending Machine Facts You Should Know
Industrial vending, dispensing, and customer managed inventory systems are becoming more and more important for organizations looking to do a better job at managing their inventory. Industrial Vending Machines can help you lower and control costs, and also increase sales in some cases! Here are 8 vending facts you should know: 1.Vending is a […]
