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”

Simplifying Inventory Management for Municipalities and Other Government Agencies

Municipalities are one of the busiest organizations. Unlike manufacturing and warehousing, this organization has different departments with numerous people needing supplies and peripherals to perform their jobs. The police stations, fire stations, and health units are some of those departments that need different types of supplies and equipment. Manual operations frequently result in misplaced orContinue reading “Simplifying Inventory Management for Municipalities and Other Government Agencies”

Managing the Inventory for Search and Rescue Supplies and Equipment

Rescue workers and emergency responders are the first to arrive on the scene after a disaster, often in unfamiliar surroundings and in inclement weather, ready to save lives and secure the environment to help protect the lives of those who come after them. Around piles of rubble, other debris, or collapsed structures, rescue workers andContinue reading “Managing the Inventory for Search and Rescue Supplies and Equipment”