Improving Inventory Visibility Through Modern Technology

Facebook
Twitter
LinkedIn
Reddit
StumbleUpon

The difficulties with inventory visibility have multiplied as more customers make purchases online. Sometimes, products or resources go unaccounted for in the system; this is known as invisible inventory. Due to insufficient inventory management procedures, invisible inventory refers to unaccounted inventory, materials, or commodities in the supply chain. This can be caused by a variety of things, including improper receiving schedules, misdirected returned goods, lost scanning equipment, and more.

 

For ways to stay ahead of the curve when it comes to managing your inventory, check out the resource below.

Invisible Inventory from Celerant, a point of sale system company
Facebook
Twitter
LinkedIn
Reddit
StumbleUpon

Recent Posts

General

How Retirement Planning Is Changing With Each Generation

Every generation has its differences. One such disparity is the view on retirement and the amount of focus put into retirement planning. For instance, Baby …

Read More →
Advice

Ways To Upgrade Warehouse Security

In 2020, stolen goods from warehouses made up 14% of all global cargo theft. Thieves looking for easy profit have shifted more focus on warehouses, …

Read More →
Business

The Importance of Effective Vendor Relationship Management

For many, the turmoil surrounding the supply chain over the past few years has shed light on areas in need of improvement. One such aspect …

Read More →
Advice

Amazing Facts About Valentine’s Day You Didn’t Know

Once we are done with the New Year celebrations, it is time to focus on the next big celebration, which is Valentine’s Day. Celebrated every …

Read More →
Finance

Financial Stability Help From the Fed

Considering the aforementioned acronym laden central banking institution, the Federal Reserve board has a vested interest in promoting financial stability. Using its illustrious predecessor, the …

Read More →
General

How to Reinvent Yourself in Retirement?

So, you enjoyed a successful career and are now turning the page to start the next chapter: retirement. By now, you’ve probably realized that retirement …

Read More →