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How to Pick the Perfect Mobile Device For Your Application?

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Mobile devices have moved beyond the realm of the consumer. Companies across a variety of industries, from manufacturing to healthcare, have identified the power of mobile solutions to make their businesses more flexible and dynamic. A study by IDC forecasts that there will be over 105 million mobile American workers by 2020, making up 72.3% of the total U.S. workforce. ... Read More »

6 Things Great Inventory Managers Do

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Inventory managers play a crucial role in any business. To do it successfully they need to possess a wide range of skills. Inventory managers lead a team of workers as they manage the flow of stock in and out of a business. Their responsibilities range from HR to logistics, from dealing with individual employees to monitoring the movement of thousands of ... Read More »

What is a Barcode Scaner and How Does it Work?

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Barcodes have helped retailers pack information, such as pricing and available inventory, onto their wares to move things along at the check-out counter, for decades. The barcode scanning systems are now being used in a myriad of industries, including medicine, travel, manufacturing, entertainment, law, and many other enterprises you might never expect (including death care). Barcodes and dedicated barcode scanners ... Read More »

6 Simple Supply Chain Strategies That Will Cut Costs

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These tips will help businesses optimize and reduce unnecessary costs along their supply chain in order to build a more efficient model. The supply chain is the network of independent but interconnected businesses and parties involved in producing, handling and distributing a product, from its genesis as raw materials from a supplier to its delivery to the customer. While many ... Read More »

What Do You Need to Know: Asset or Inventory

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By identifying the main differences between fixed asset and inventory management, both will improve your small business’ ROI and streamline efficiency. Though they are both occasionally referred to simply as “assets” on a company’s balance sheet, inventory and fixed assets are very different and require different management systems in order to keep a business organized and running smoothly. There are different ... Read More »

How to Prevent Inventory Shrinkage in Your Supply Chain

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Inventory shrinkage is one of the biggest challenges faced by retail businesses. The loss of your goods means the loss of your company’s money and damage to your bottom line. The National Retail Federation (NRF) reported that in 2014 . More than half of it was the result of internal theft, administrative errors or unknown causes. Much of this can ... Read More »

How to Use Various Methods of Asset Depreciation

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At its core, the concept of depreciation is simple: When a business buys a fixed asset, a long-term asset used in the production of inventory, which is then sold for a profit, it commits to keeping the asset on their books and in their tax returns for years to come. The cost of the asset must be allocated over the ... Read More »

7 Important Inventory Metrics for Your Warehouse

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Setting goals is important for your small business to grow. As you start setting objectives, you may be tempted to look at other successful businesses and copy what they’re doing. Resist that urge! No ideal “one-size-fits-all” metrics exist. Even if a company is similar to yours, each operating environment is unique and its metrics may not fit your business requirements. “Always ... Read More »

10 Reasons Why Barcode Asset Tracking Software is the Perfect Solution

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Asset management or tracking software, like many tools that are used to increase employee productivity, is often overlooked by small businesses looking to achieve revenue growth. When it comes to revenue growth, the 2015 State of Small Business Report revealed most small and medium business owners want to focus solely on customer service and retention. Only 20% said they would ... Read More »

How to Improve Your Business Fixed Asset Auditing Process

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Novice business owners may not think much about their fixed assets, long-term assets that are used in the production of inventory and income, beyond purchasing them. These assets, which are often the largest investments a company makes and cannot be easily converted into cash, must be monitored throughout their useful life, for financial, logistical and legal reasons. In the past, simple ... Read More »