How SMEs can benefit from Cloud-based Inventory Management System

In today’s technology led era, several software solutions have shaped the way businesses, small or big, operate on a daily basis. Cloud computing is one such technological innovation, which allows businesses to store all their important data securely on a central storage facility without any investment on hardware devices. Moreover, this data can be accessed from any part of the globe through internet connectivity. Cloud-based inventory management is one such innovative business solution, which helps… Read More

How to prevent Inventory Loss or shrinkage using a cloud based Inventory management system

Inventory is one of the most critical assets in a business, and therefore an effective inventory management system is one of the most fundamental business management tools in a business organization. Undoubtedly, managing inventory doesn’t merely include classifying the lists of items according to their perspective usage, but also, it involves making specific provisions to prevent the undesirable inventory loss. Usually, these losses occur due to following reasons: Shoplifting Employee theft Administrative error, e.g. –… Read More