by Jared Plumb | Mar 7, 2024 | Workflows
In the fast-paced world of inventory management, the pressure is always on. Inventory managers are responsible for juggling multiple tasks like managing stock levels, purchasing inventory for replenishment, and optimizing warehouse space. With so much to worry about,...
by inFlow Inventory | Feb 22, 2024 | Workflows
Computer vision utilizes AI-powered cameras and image recognition software to automatically monitor inventory levels, track product movements, and identify discrepancies in real-time. Companies like Amazon and Walmart have already begun adopting computer vision...
by Robert Brandon | Feb 14, 2024 | Inventory
Effective inventory valuation and management is vital for the success of many organizations. Not only does that data give information on what changes or tweaks a business needs to make, but it’s also crucial for tax reporting purposes. Incorrect or lazy valuation can...
by Robert Brandon | Dec 21, 2023 | Inventory
Demand forecasting is the process of using data to predict the volume of inventory you’ll go through within a certain period. This period can range from as little as three months to as long as four years. Though it can be a complex process, demand forecasting is a...
by inFlow Inventory | Nov 28, 2023 | Workflows
Every business faces inherent challenges, regardless of the industry. Stakeholders expect growth and innovation. Competitors threaten your share of the market. Employee turnover can make it challenging to scale. With so many moving pieces to track, many companies...
