The foundation of good inventory management is knowing what you have in stock and how to manage it well. Failure to comply with best inventory practices can lead to loss of customers, reduction of inventories and ultimately a reduction in staff. However, many companies still spend a lot of money updating less important systems and […]

Any intelligent fool can make things bigger and complex… It takes a touch of genius and a lot of courage to move in the opposite direction. Inventory basics At Any moment of time, every company holds some stock of various items. These items collectively make up the inventory of the company. Inventory is a very […]