Inventoryninja submitted the following stories to BizSugar

7 Important Facts about 2D Barcodes

Avatar Posted by inventoryninja under Technology
From http://www.waspbarcode.com 3557 days ago
Made Hot by: garynyc on February 27, 2015 2:32 am
When was the last time you thought about a barcode? It was probably while in line at the grocery store when there was a problem with one of your item’s barcode and you had to wait while the clerk called for a price check. Read More
It’s 2AM and your eyes pop open, your heart is pounding, and you have sweaty palms. It was another nightmare, the same one you’ve been having for weeks, an order comes in and you just don’t know where the item is or if you even have it in stock. Read More
$3.9 trillion dollars. That’s how much money the federal government is projected to spend in 2015; with $70 to $80 billion of those dollars allocated for IT and cybersecurity. A new report published by the International Association of Information Technology Asset Managers (IAITAM) looked at feder Read More

Proper Inventory Management Drives Economic Growth

Avatar Posted by inventoryninja under Technology
From http://www.waspbarcode.com 3565 days ago
Made Hot by: pistolcho on February 19, 2015 6:21 pm
Poor inventory management is one of the primary reasons small businesses fail. According to the State of Small Business Report, 46% of SMB’s with 11-500 employees don’t currently track inventory or use a manual inventory process such as tracking in Excel. Read More

What is Inventory Turnover? Every you need to know!

Avatar Posted by inventoryninja under Sales
From http://www.waspbarcode.com 3566 days ago
Made Hot by: joelcook on February 18, 2015 1:47 pm
For many small businesses, the margin of error is small. Extraneous costs each month can be the difference between success and failure, which is why every small business owner should know about inventory turnover and how this commonly overlooked ratio can be efficiently managed to turn a loss into Read More

Good Data Helps Minimize Life Cycle Costs

Avatar Posted by inventoryninja under Technology
From http://www.waspbarcode.com 3571 days ago
Made Hot by: garynyc on February 12, 2015 5:27 pm
Most small business owners and managers have purchased equipment solely because of decreased cost. Unfortunately, what looked like a great deal may have cost more to maintain than the pricier alternative. This is why forward-thinking professionals use Life Cycle Costing (LCC) when evaluating items Read More

5 Ways a Time and Attendance System will Save You Money

Avatar Posted by inventoryninja under Technology
From http://www.waspbarcode.com 3574 days ago
Made Hot by: sky.walker on February 10, 2015 8:50 am
For small businesses, investment in time and attendance software often takes a backseat to improving customer retention or finding new customer acquisition methods. The time and attendance systems already in place at small businesses can lead to inertia — an unwillingness to switch to a more effici Read More
Everybody applauds musical performers, but few people appreciate some of the true heroes of live concert tours. These are the logistics and inventory managers who make sure that everything from musical equipment to souvenir T-shirts shows up on time and doesn’t get lost to inventory shrinkage. Read More

7 Supply Chain Predictions For 2015

Avatar Posted by inventoryninja under Strategy
From http://www.waspbarcode.com 3580 days ago
Made Hot by: lucasbryan on February 3, 2015 9:57 pm
With the New Year now well under way, here are some supply chain predictions that could help make 2015 even better. Read More

Inventory Management 101

Avatar Posted by inventoryninja under Strategy
From http://www.waspbarcode.com 3585 days ago
Made Hot by: colebiz on January 29, 2015 5:15 pm
Almost every business carries inventory, regardless of the organization’s size. Inventory includes raw materials, work-in-progress, and finished goods. No matter which category a business’ current stock falls within, those items need to be counted and tracked. Accuracy determines whether a company Read More
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Share your small business tips with the community!