10 Biggest Inventory Management Mistakes and How to Avoid Them

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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 [...]

How Job Costing Software Benefits Manufacturers

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Job costing software may or may not be an integrated component of your existing Enterprise Resource Planning (ERP). In either case, accurately measuring the cost of a job (parts + labor) will allow manufacturers to save money and increase efficiencies in a tough economy. There are two basic ways to better measure direct production costs: manufacturing [...]

4 Ways Barcode Solutions Benefits Profitability

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1. Improved Data Accuracy Data hygiene is the single most common reason companies list for implementing a barcode system. This is because quality, coherent data is most often the backbone of operations and sales. Data entry enables a company to produce accurate reports and forecasts based on informed analysis and actionable conclusions. Considering the critical [...]

4 Ways to Drive Profitability with IT Asset Tracking Software

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Meet Your Capital and Expense Goals with Uncanny Precision In the current economic climate, companies must find ways to reduce operating costs in order to improve overall profitability. Strategies and methods used to accomplish this rang from work-force reductions, corporate restructuring, reduced spending, processes automation and so on… Following the events of 2008, businesses have [...]

Mobile Asset Tracking Best Practices

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The Challenges of Tracking Mobile Equipment When hundreds of assets are spread across acres, searching for equipment and trying to determine its status consumes massive amounts of manpower. Doing so manually is not just difficult; it’s challenging, and nearly impossible to do it effectively. Workers are sent on unproductive missions to locate specific equipment to [...]

Do SMBs Really Need Equipment Tracking Software?

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A company’s assets include any capital investments such as heavy equipment, tools, vehicles and inventory. If information regarding these assets is inaccurate or out of date, they could unexpectedly be out of service or missing, leading to excess waste, reduced productivity and increased replacement expenses. Effective asset tracking software establishes chain-of-custody and accountability as well [...]

Ten Questions to Guide You in Shopping for Asset Tracking Software

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If you are researching different asset tracking software solutions, asking the following questions could help you determine your requirements and evaluate which asset tracking software is the best fit for your company. 1. Why do you want to track your assets? Is it to improve SOX compliance, get better inventory control, improve tax rebates, reduce [...]

Top Four Reasons Businesses Implement Fixed Asset Tracking Software

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Large businesses and government agencies are required to track their fixed assets on a regular basis. This would include everything from computers to desks to vehicles – any item that is reported on financial statements and depreciated. 1. SOX Compliance Sarbanes-Oxley requires public companies to actually list or prove all fixed and capital assets on [...]

Who Makes the Best Asset Tracking Software

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In its simplest form, asset tracking software is no more than a mere transactional database which stores all your asset data and meta-data such as location. By that definition, almost anything can function as asset tracking software. Keep this in mind when shopping around. Many software providers will lure you in with glittery graphical user interfaces [...]

Now SMBs Can Get Lean with Barcode Software

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Lean Manufacturing can be described as the art of doing more with less through the reduction of waste. A simpler description is “organized common sense”. The objective is to specify the value you add, identify the value stream, make products flow at the rate of customer demand, and constantly strive to improve. Unfortunately, for many [...]