How has eCommerce impacted ERP systems and Inventory Management?
The impact of eCommerce has changed the business and management behaviors of lots of companies. To take advantage of global …
What is Stocktaking? Importance, Methods and Trends
Stocktaking is the process of physically counting and verifying the quantities of items in a company’s inventory. It is an …
15 Reasons “Why is it important to conduct a physical count of inventory from time to time?”
A physical count is a process of physically verifying the quantity of items in your inventory by physically counting each …
Comparing ABC vs VED analysis of Inventory
ABC vs VED analysis key differences ABC analysis and VED analysis are two tools that can be used to classify …
VED analysis is based on which material?
The VED analysis is based on the importance or value of inventory items to a business. VED analysis is based …
VED analysis of Inventory Management and its example
Inventory analysis is the process of evaluating the levels of stock or supplies that a business holds. It involves examining …
Inventory Controller Job Requirements
Inventory controllers are responsible for managing the flow of materials and products within a company. They typically work in manufacturing, …
What is Inventory Controller Profession?
Inventory control refers to the processes and systems used to manage and track the flow of goods and materials within …
Top 5 Inventory Controller Interview Questions
In an interview for an inventory controller position, you can expect to be asked questions that assess your knowledge and …
How to create an office policy for inventory?
What is the office policy for Inventory? An office policy for inventory is a set of guidelines and procedures that …