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Will 3 Way Match Help Your Accounts Payable Process?

Will 3 Way Match Help Your Accounts Payable Process?

by Robert Brandon | Jan 17, 2024 | Accounting

Every business has to deal with invoices in some way. Even those that only offer intangible goods, like software or services. And while tracking a few invoices might be simple, things can quickly get overwhelming when those invoices pile up. This can leave you...
Types of Barcodes: 1D vs 2D (UPC/EAN, Code 128, QR Code & More)

Types of Barcodes: 1D vs 2D (UPC/EAN, Code 128, QR Code & More)

by Jared Plumb | Jan 10, 2024 | Barcoding

Key takeaways The types of barcodes can be categorized into linear barcodes, also called one-dimensional (1D), and two-dimensional (2D) barcodes. 1D barcodes include formats like UPC and EAN. These barcode types are commonly found on retail products. They are read...
Demand Forecasting: Methods, Examples, and Best Practices

Demand Forecasting: Methods, Examples, and Best Practices

by Robert Brandon | Dec 21, 2023 | Inventory

Key takeaways Demand forecasting uses historical, market, and operational data to estimate future inventory needs over short- or long-term horizons. Accurate forecasts improve inventory planning, cash flow, decision-making, and customer satisfaction by minimizing...
Technology to Reduce Business Costs: Where It Saves Money and Why

Technology to Reduce Business Costs: Where It Saves Money and Why

by inFlow Inventory | Nov 28, 2023 | Workflows

Key takeaways Technology can reduce business costs by automating repetitive work, reducing errors, improving inventory decisions, and helping employees use their time more effectively. Inventory and supply-chain technology can reduce excess stock, carrying costs,...
Strategies for Better Product Shelf Life Management

Strategies for Better Product Shelf Life Management

by inFlow Inventory | Nov 22, 2023 | Inventory

Every fresh piece of produce or beautifully baked loaf of bread has a limited lifespan. When food starts to go bad, you must pull it from the shelves and throw it away. It is no longer considered safe for human consumption. Unfortunately, Americans waste nearly 40...
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