Dec 20, 2021
Inventory Management can take a variety of forms, and choosing a method is critical to optimize storage practices. Depending on the size of your business, one or more of these methods can help get you on the right track.
1. THE PERIODIC METHOD - Data is sent to the inventory system periodically.Better for smaller businesses.
2. THE PERPETUAL METHOD - Data is constantly sent to the inventory system. Better for larger businesses.
3. BARCODE SYSTEMS - Mobile scanners and barcodes help efficiently find and move stock.
4. RFID TAGGING SYSTEMS - more expensive but can actively scan input from employees.