Data makes the world go around — it’s as simple as that. The vast majority of businesses are now run primarily by computers and technology. The majority of financial records, for businesses and individuals, are tracked and stored through big data nowadays.
Inventory is no different, of course. Understanding how data is shaping inventory management will help you become more efficient and knowledgeable as an inventory manager in 2018 and beyond. Here are some important ways data is being used and progressing in the inventory world, as well as what it should mean to you. (more…)