Inventory management software is made up of several key components working together to create a cohesive … See more

The Universal Product Code (UPC) was adopted by the grocery industry in April 1973 as the standard barcode for all grocers, though it was not introduced at retailing locations until 1974. This helped drive down … See more

Companies often use inventory management software to reduce their carrying costs. The software is used to track products and parts as they are transported from a vendor to a warehouse, between w… See more

Manufacturers primarily use inventory management software to create work orders and bills of materials. This facilitates the manufacturing process by helping manufacturers efficiently assemble the tools and parts t… See more

There are several advantages to using inventory management software in a business setting.
A company's inventory represents one of its largest investments, along with its workforce and locatio… See more