Taking Stock: Inventory Innovations in the Information Age

Any business selling products is dependent on inventory management to fulfill customer needs, but many companies haven’t mastered this critical aspect of operations. Hear Lucas Miller, vice president of implementation for Fishbowl, the leading inventory control software, explain best practices in stock management, trending innovations, and key metrics that can empower smarter inventory planning and leaner warehousing. Further, learn why the shift to automated stocking software calls for veteran staff, and how pain points in that transition can point to a need for improved business processes.

Topics include:

3:23 - Supply chain shortages reveal inventory management challenges
4:57 - How has physical counting changed today?
7:26 - Barcoding is about accuracy, not speed
9:32 - 16:17 Innovations: QR codes, RFID, robotics, and more
17:22 - Process changes necessary for modern inventory automation
21:00 - Key inventory metrics: ABC codes, reorder levels

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