Welcome to our new blog series titled “Inventory Management: Infographics Series”! This series focuses on different infographics published on our website that are designed to answer common inventory questions. Infographics are a great way to visually communicate information about relevant topics. So, we will take this opportunity to expand on the content from these resources and […]
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Inventory Management Features: Tags
Welcome back to our Inventory Management Features blog series! In this post, we will take a look at “Tags”, what they are, their benefits and how they work. Tags The term tags refers to a mechanism of maintaining inventory quantities. They are assigned to parts that make up an item and can be used to track […]
Top 5 Tips to Streamline your Warehouse Management
Warehouses are commonly used for storing, handling and packing of products. Typically, when an order comes in, you forward it to the warehousing team, who acknowledge it and pick the product. Once it’s packed, they send it out for delivery. The process can be simple or complex, depending on the organization scale. In this blog […]
Inventory Management Features: Cycle Count
Welcome back to our Inventory Management Features blog series! In this post, we will take a look at “Cycle Count“, what it means, benefits, and how it should work as a feature of your IMS. Cycle Count If you’re involved with managing inventory on a regular basis, you may already know what Cycle Count is. […]
Understanding the Inventory Costs that your Business Incurs
Inventory costs can amount to be a significant expense for your business operations. From an accounting perspective, you may classify them as inventory in raw material, work-in-process, or finished goods. These expenditures could be incurred in various ways like space, labor, damage, theft etc. In this post, we will talk about the major types of inventory […]
Inventory Management Features: Invoices
In this blog series, we take a look at different features of an Inventory Management System. The last time we talked about- Kitting. In this post, we will discuss Invoices as a feature, their purpose and use in an IMS. Invoice Investopedia explains Invoice as a commercial document that records a transaction between two parties. An invoice […]
