- Smart Inventory Control System
What is Inventory Control?
Also called stock control, inventory control consists of systems and procedures for managing inventory items in a company’s warehouse. It monitors the movement and storage of goods in a warehouse to help businesses maintain a sufficient supply in good condition. Establishing an inventory control system enables them to satisfy customer demands and maximize profits.
More than just hardware
Inventory Control Systems and How to Choose the Right One for Your Business
If your company handles physical inventory, implementing an inventory control system is a must. That’s because all too often, inventory control is what stands between your business reaching its goals or losing its customers.
But by implementing a proficient inventory control system, you can reduce human error, increase profitability, get accurate metrics, and guarantee customer satisfaction with every order.
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Collaboration in Action:
We had the incredible opportunity to attend Digital Feast, participate in Wiping Away the Tears, and learn about the Big House Project, all while deepening our connection with the First Nations community. These experiences have been both inspiring and insightful, reinforcing our commitment to innovation and collaboration.
We are currently in discussions with potential pilot sites in the hospitality and food service sectors, including hotels and restaurants in British Colombia.
At Boost Tags Ltd, we are committed to real-world problem-solving and using technology to drive meaningful change. This collaboration is just the beginning, and we look forward to building stronger partnerships that uplift communities through smart, efficient, and accessible solutions.
What is Periodic Inventory Control System?
The periodic inventory control system pertains to a recurring count of goods at specific intervals. In this system, warehouse managers manually count their inventory on a monthly, quarterly, or annual basis. The exact period depends on an organization’s needs and business activities.
What is Perpetual Inventory Control System?
The perpetual inventory control system provides an accurate count of inventory levels in real-time. It utilizes technology, such as barcodes and Radio Frequency Identification (RFID) tags, for tracking products. The information is then logged in a centralized database that warehouse managers can easily access.
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