The IO Blog

Manual Inventory Method Excel spreadsheet. Manual inventory entails regularly updating inventory counts through physical counting on a daily basis, along with determining the transactions are affected by inventory movement. Here are a few advantages of the manual inventory method: Low cost/No cost No time invested to learn an inventory control system Simple Sense of control Here are a few disadvantages of a manual inventory control system: Time consuming Labor intensive since

Inventory Management inventory management results in significant cost savings and increased profitability, many businesses fail to integrate it. As a result, they suffer from negative repercussions when it comes to long-term growth since poor inventory management adversely affects the customer experience, leading to decreased sales and customer retention. Here are a few tips for inventory management: Outsource – The days of tracking inventory in Excel spreadsheets are long go

How to Set Up An Inventory System We are often asked how to set up an inventory system, including questions about the best ways to track inventory. Here are few of the most common questions: What are the requirements for adding inventory to my warehouse? What information has to be set up prior to me adding that inventory so that I can better track it? How can I streamline this process to make adding and tracking inventory as simple as possible? These are some of the questions