What do you do when the high costs of inventory damage, obsolescence, and pilferage erode profit? What do you do when you lack real-time inventory data to properly manage these aforementioned warehouse management costs? These costs erode profit because companies lack the technology to properly manage their inventory counts.
Inventory is often damaged due to poor handling, but poor handling is typically caused by poor storage practices. Here are five critical ways you can use technology to improve warehouse productivity, while protecting your inventory from damage. (more…)