Properly managing inventory requires a system of some sort. It doesn't matter if the system consists of writing inventory levels on the back of an envelope or using the most sophisticated radio ...

An inventory management system, also known as an inventory control system, is usually a software application that tracks every aspect of the items your company keeps in stock to sell. It can assist ...

Startups often operate with razor thin margins, which makes it imperative for them to avoid wasting money. This is the primary reason that new businesses typically have a barebones staff and keep a ...

The U.S. military urgently needs to change the current systems and processes for information technology (IT) inventory, compliance and account management to include a means for the two systems to ...

Manufacturers are turning to their ERP and SCM systems for innovations as they seek to modernize operations. Enterprise resource planning and supply chain management software have been essential tools ...

Inventory management is now considered a prime candidate for automation as manufacturers target opportunities to reduce costs, accelerate product delivery and make the most out of experienced talent.

Discover how purchasing systems streamline inventory management, control costs, and ensure efficient purchasing from requisition to payment.

Capital equipment records are verified at least once every two years to ensure that the inventory records within the asset management system are accurate. Capital equipment inventory verification ...

This guidance document formalizes the VPCIO Equipment Management Lifecycle and Disposition procedures. The lifecycle and disposition procedures ensure that equipment is accounted for and tracked while ...

The Department of Environmental Health & Safety has launched a comprehensive campus-wide chemical inventory system. This system has been developed to effectively monitor hazardous chemicals across UAB ...

Financial health is top of mind for healthcare organizations. COVID-19 has driven many health systems to curtail capital spending budgets for new equipment. At the same time, increased demand for ...

Capital equipment is tangible property having an acquisition value of $5,000 or more and a useful life expectancy of more than one year. Group purchases of tangible property that individually have ...