The ABC and 1-2-3 of Inventory Management

Effective Inventory Management is the secret weapon driving the success of some of the world’s best-known manufacturing brands. These companies know how to ensure that they always have the optimal inventory of the things that matter. There’s never too much inventory, tying up funds unnecessarily nor is there ever too little, holding up market strategies. So, how do they do that? It's about the ABCs, and the 1-2-3!

All the Best factors to Consider

“Always Better Control”. That’s the right way to classify the many many items filling up the shelves (and lines) in your inventory. Here’s how this helps.

The cycle of shelf life!

How can you keep track of your inventory when there are so many items constantly on the move? Keep an eye on the cycle. Here’s how.

It’s time to let it go!

Somewhere in the deep and dark corners of your inventory management system are things that no longer need to be there. When should you let them go? This is when.

About Qodenext

Qodenext is a pioneering supply chain traceability technology, consulting and service company and the largest Automatic Data Information Capture solutions provider in India. Using the power of barcode, RFID, vision, cognitive computing, IoT, predictive analytics, and emerging technologies, Qodenext’s solutions enable clients to integrate their supply chains and facilitate end-to-end visibility and connectivity. Born from the coming together of Intellicon Pvt. Ltd., Essae Technology Pvt. Ltd., and Intercode Pvt. Ltd., Qodenext provides its many clients unprecedented solution breadth, specialised domain expertise, and an expansive support network. More information is at https://www.Qodenext.com/.