InstantGMP INV adds enhanced five-layer bin location tracking, plus serial numbers and scheduler updates for GMP, ...

Generally accepted accounting principles require that businesses assign all costs of production to the products they make. This cost assignment process occurs through the use of a traditional costing ...

An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

Two-bin inventory control provides a method by which companies are internally flagged when items they need for production are ...

Inventory management is now considered a prime candidate for automation as manufacturers target opportunities to reduce costs, accelerate product delivery and make the most out of experienced talent.

Inventory includes finished products as well as materials a firm plans to further process. The exact process for adjusting inventory entries depends on the inventory accounting system the firm has ...

Manufacturing systems and production control strategies have evolved significantly over recent years, driven by the need for enhanced operational efficiency, flexibility, and responsiveness in ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Effective inventory management is vital for any ...

BAE Systems, an international defense, aerospace and security company, has deployed three RFID-enabled projects in its Electronic Warfare Integrated Manufacturing Center (EW-IMC): automated ...

Inventory software should keep multi-location stock accurate, automate reorders, flag exceptions, and plug cleanly into your POS/ecommerce, accounting, and 3PL tools. Use this guide to match the right ...