Best Practices – Inventory Management

CheckMate Manufacturing Suite

Picking the Right Inventory Management Software for your Small to Medium-sized Business Often smaller to mid-sized businesses try to use the inventory software that comes with their accounting system to manage their warehouse. Most accounting systems aren’t set up to handle the details required for optimum inventory management, including tracking of lots or serial numbers, [...]

Best Practices – Inventory Management – The Purchasing Function

PO

  Your purchasing processes directly affect your inventory and your company’s cash flow.  It’s a fine line between having the inventory you need to produce a product or complete a customer order and having too much inventory. Among the consequences of too little inventory are: Delayed shipments therefore slower cash flow. Unhappy customers and more [...]

Best Practices – Inventory Management – Counting Your Inventory

Warehouse

  Knowing what you have in your warehouse is the main function of inventory management.  Having an effective method of managing a count of your current inventory on hand will assure that your records are accurate.   Count Inventory Periodic Inventory Count: A periodic inventory count is one where the entire inventory is counted at [...]

Best Practices – Inventory Management – Your Process

Inventory flowchart

  Define Your Inventory Management Process You know your business better than anyone.  Now is the time to evaluate the process with which you receive, record, count, use and ship your inventory.  The most profitable companies statistically have an effective inventory management system and you want to be on that list!  One of the best [...]

Best Practices – Inventory Management – Labeling Your Warehouse

You’ve decided to take inventory management seriously, have appointed a leader for the project and have designed the best layout for your business.  What’s next? Label the Warehouse Locations: Now that you have the warehouse layout designed, you will need to put barcode labels on your locations and items.  There are options for location labeling [...]

Inventory Management for the Small to Mid-Sized Business

racking_layout

This article will begin a series on best practices in setting up and managing your inventory and your warehouse.  You don’t have to be a big business to use technology to improve your inventory management processes.  In fact, if you are a smaller company it’s that much more important that you control even minor costs.  [...]

10 Biggest Inventory Management Mistakes and How to Avoid Them

inventorymistakes

As we come to the end of 2011, it comes time to audit our inventory. Many companies are just now thinking about their inventory management solution or lack thereof. All of us on the team at Dynamic Systems Inc. want to help. We put our heads together and came up with what we believe are the top [...]

Barcode Solutions: Money Making or Money Saving?

barcode

If you are part of a company, then you know that there two categories of initiatives for you company to engage in. Category 1: Money Making Initiatives are the primary reasons a business exist. Into this category fall all investments, employees, activities and efforts which have the singular goal of generating greater ROI. In summary, generating [...]

Increase Productivity with Hand-free Barcode Scanner

8650-RING-SCANNER

The Challange Pick up the scanner, scan label, put down scanner, stack or pack.  The additional motions take time and slow down productivity in warehouse, manufacturing and retail environments. The Solution One way to combat this time drain is to implement the use of “wearable” scanners. The 8650 Ring Scanner from LXE/Honeywell is a battery-powered Bluetooth [...]

3 Tips for Protecting IT Assets During an Office Relocation

ITassetmgmt

The following is a guest post Gaurav Tandon, a freelance editor and writer for a popular online business magazine. He is also a writer and blogger for leading office relation company, a business relocation company based in England. In his free time, Gaurav enjoys playing cricket, soccer, and chess. He is also passionate about reading fiction and [...]