Tracking Your Inventory: The Importance of Activity History and Traceability 

In the world of inventory management, it is essential to have a precise understanding of your inventory levels and stock movements. In this blog article, we will discuss the significance and advantages of inventory activity history and traceability in your inventory management. What are Inventory Activity History and Traceability? Inventory activity history is the historicalContinue reading “Tracking Your Inventory: The Importance of Activity History and Traceability¬†“

Inventory Shrinkage: Preventing Loss and Theft by Managing Inventory

What is Shrinkage? Inventory shrinkage means the number of products in stock falls below the number indicated on the inventory list. The discrepancy could be caused by clerical errors, damaged or lost products, or theft from the point of purchase to the point of sale. What are the Main Causes of Inventory Shrinkage? There areContinue reading “Inventory Shrinkage: Preventing Loss and Theft by Managing Inventory”