In many companies, inventory is the largest asset. Mismanagement of inventory will lead to financial problems because it will contribute to losses. If inventory is mismanaged badly enough, a business will close.
Posted by John Shepperson | Oct 4, 2013 7:40:00 AM
In many companies, inventory is the largest asset. Mismanagement of inventory will lead to financial problems because it will contribute to losses. If inventory is mismanaged badly enough, a business will close.
Topics: oates, oates and company, inventory management, inventory, inventory control, just in time, economies of scale, john shepperson
Inventory control procedures are crucial to keeping accurate and reliable inventory counts for any organization or business. Control is a delicate balance from the time of order placement, reception into the warehouse, counting, verification, labeling, putting away, picking and shipping. Knowing where every single piece of inventory is at all times is essential to business success.
Topics: product distribution, oates and company, inventory management, inventory, inventory control, inventory management procedures, john shepperson
Posted by John Shepperson | Sep 18, 2013 7:40:00 AM
It's not unusual for inventory control to be a challenge in a physician's office, especially in practices with multiple doctors. Out-dated and/or manual inventory control systems consume too much staff time and are less effective than other types of inventory management procedures.
Topics: inventory management, inventory, Sage 100, data management, Sage 100 ERP, inventory management procedures, john shepperson
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