Inventory Management

The terms "Inventory Management" and “Inventory Control” are the two sides of the same coin. But, there is a thin difference between them. Inventory management is about getting the right thing from the right place at the right time. The thing is a product, a component or an assembly stored in the warehouse. Inventory control on other hand is a practical side of the inventory management and focusses on the time and cost. An inefficient inventory control mechanism will waste all … [Read more...] about 4 Secrets that will take Inventory Control Pain Out of Your Business