Inventory Management Technique - Manual Inventory

Inventory Management Technique: Manual Inventory

Manual Inventory Method The manual inventory method is typically defined as tracking inventory without the use of computerized system, which typically utilize software, scanners, barcodes, real-time reporting, etc. A manual inventory system tracks inventory with a pen and clipboard, a stock book, or with an Excel spreadsheet. Manual inventory entails regularly updating inventory counts through […]

Inventory management techniques - cycle counting

Inventory Management Technique: Cycle Counting

Cycle Counting We realize that managing inventory can be a challenging, time-consuming task for many small businesses. And, trying to manually manage inventory can make it even more daunting. To ease small business inventory management, it is essential to conduct a manual, physical inventory control process, in addition to implementing a robust inventory management system […]

Inventory Control

Invest in an Inventory Control System in 2019

Inventory Control System Planning Your 2019 Spending? Consider Investing in an Inventory Management System As you plan your 2019 budget, consider ramping up your R&D spending. Why? Many residential and commercial CE firms are not taking advantage of the U.S. Internal Revenue Service’s tax credit for research and development, which is specifically aimed at encouraging […]