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 ...

Geneva-based watchmaker and jeweler de Grisogono believes bar codes won’t provide the level of accuracy and security the company requires in tracking its inventory of high-value items. Therefore, the ...

Companies that manufacture and sell tangible goods, or resell products from other firms, must track and manage potentially hundreds of thousands of units of inventory. Using systems to control ...

Advance Apparels, a women’s fashion company that sells wholesale garments made at its two factories in India, reports that it has gained an accurate view of the goods within its warehouse as it has ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Many people have had the experience of being poked in the back by a plastic tag while trying on clothes in a store. That is just one example of radio frequency identification technology, which has ...