What is Cycle Counting? Cycle counting is an inventory tracking process that counts only one section of the inventory at a specific time. Instead of counting the entire inventory, which could take days or weeks to complete and may need to halt the supply chain, cycle counting counts a specific section of the inventory at […]

What is a Bill of Materials (BOM)? A bill of materials (BOM) is a comprehensive list of items, parts, assemblies, drawings, documents, and other materials needed to create a product. It includes information related to each item’s required quantities, specifications, and quality. Think of it as a recipe used to build a final product. To

What is Kitting and Bundling? Kitting and bundling is a process of grouping products together to sell them as a single product. However, where they differ is the products being grouped. When you create kits, you package separate but related items as a single unit, which becomes one SKU. For example, someone purchasing a new

The use of barcodes in inventory management is not new—it has been a standard practice for decades. The main question is how to set up a barcode inventory system. Many rising businesses tend to switch from manual inventory management to a proper barcode system to better manage and track inventory. Therefore, we have compiled this

Scanning technology and systems are crucial to improving inventory accuracy. With scanning solutions, you can reduce human errors related to misreading or mislabeling and expedite the shipping processes. Mobile SmartScan is a scanning system that streamlines inventory management and enhances accuracy in inventory tasks. Therefore, let’s discuss the Mobile SmartScan solution and understand how it

Efficient inventory management is essential to fulfilling customers’ demands on time. In the growing competitive era, businesses must exceed customer expectations by delivering top-notch products and keeping their inventory current and active. However, it is not unusual for businesses to struggle with inventory management challenges. In the U.S., inventory accuracy is 63% in retail operations,

Inventory management is a need of every business. Ineffective inventory management leads to stockouts/overstocking, missed sales opportunities, and higher operational costs. In fact, 34% of businesses today struggle with delayed shipments or unavailable products. Considering the technological advancements, there are now two ways of inventory management, i.e., manual inventory management or automated inventory management. The