Asset tracking is an essential process for manufacturers to manage their physical assets efficiently. It involves tracking and managing assets such as machinery, equipment, tools, and materials throughout their lifecycle, from acquisition to disposal. Effective asset tracking helps manufacturers keep track of their assets, manage their inventory levels, reduce costs, and improve their operational efficiency. One technology that has been widely adopted for asset tracking in manufacturing is barcodes.

Effective inventory management is an essential aspect of running a successful retail business. Whether you own a small boutique or a large chain of stores, managing your inventory properly can help you reduce costs, increase efficiency, and maximize profits. However, inventory management can be a complex and time-consuming task that requires a significant amount of planning and attention to detail.

Welcome to our blog on Enterprise Asset Management (EAM) vs. Asset Performance Management (APM). In today's fast-paced business world, asset management has become a critical component for companies looking to remain competitive. With the growing complexity of modern assets, it's essential for organizations to have effective strategies in place to manage their assets and maximize their value. Two popular approaches that have emerged are EAM and APM.

With the changing environment and the sudden positive change in innovation, it has led the world to a life full of comfort which at any given point includes the management of all your assets just with a simple click. With the help of Asset Management Automated Software one can easily track, manage, verify, pull reports of their assets etc. That too on a real-time basis.

No matter which industry your organization comes under, they must be having a certain set of inventories that they use. The prime use of Inventory lies in a manufacturing or retail industry, the one who produces the goods and the one who are related to the whole process of delivering it to the ultimate consumer. It is very important to keep track of inventory in an organization as it leads to the right path by bringing in the balance that it always required.

Small and medium-sized businesses face numerous challenges when it comes to managing their assets, from limited resources to a lack of specialized expertise. Asset optimization can be a powerful tool to help small businesses overcome these challenges and improve their operations. Small businesses can reduce costs, increase revenue, and improve their overall performance by maximizing the value and efficiency of their assets.

Digital code behind a digitized face Welcome back to our series with Nicholas Wegman, Ph.D., Senior Director of Artificial Intelligence and Alex Barnes, Senior Director of Product Management, as they continue to discuss the science behind Artificial Intelligence (AI) and reveal how it can specifically increase retail/CPG margin. In the second part of our three-part series, we’ll delve deeper into the data science of AI, and why it’s not working for every business.

Whether you are a small or a big company, IT asset management is essential in order to keep track of your IT assets. It is considered as a baseline requirement for every business in order to prevent IT problems that may lead to serious security issues. So what is exactly IT asset management? Why is it important? And how can you do it?

Creating a system for purchase orders is a critical first step in effective procurement management. It assists organizations in maintaining track of orders, inventories, and payments. A business may have a number of problems without a well-organized purchase order system, including lost payments, overstocking, and late deliveries. We'll go over the purchase order system's definition, operation, significance, and how you can quickly set it up in this blog. So, let us begin!