Organizations across all kinds of industries are making use of advances in sensor technologies, wireless networks and analytics software to retrieve real-time information on their inventories. However, sensors and tracking systems divulged their data only at certain points along the supply chain.
Counting techniques to improve accuracy in the warehouse
How using a warehouse management system in tandem with mobile scanners can help control the movement and storage of merchandise within a warehouse.
Why non-stock inventory is a no-no
Allen Ray offers some ideas on how to eliminate non-stock inventory items, which he believes are the scourge of the electrical wholesaling industry.
Single inventory accuracy: the holy grail of retail
The ability to accurately pinpoint where stock is at every point in the supply chain is one of the biggest challenges facing retailers today. Caroline Baldwin looks at some possible solutions.
Atom Content Marketing guides
- Car finance
If you have decided to invest or reinvest in cars for your business, raising the money is unlikely to be a problem. Provided you have the cash for the deposit and a reasonable credit record, any dealer will arrange terms.
- Cost control
Cutting costs is the simplest way to improve your bottom line. Introducing a cost control system can bring immediate savings and make sure that you remain competitive in the longer term.
- Financing equipment
Hiring or leasing equipment is one way of making your working capital go further. Instead of paying out up front, you spread your payments over a set period.
Effective purchasing helps you control costs and can significantly improve margins and profits. Your purchasing choices also have an impact on the quality of your own products or services and on your cash flow.
- Select and negotiate with suppliers
Selecting the right suppliers makes a major difference to the cost and quality of your firm’s products and services, especially when your company is expanding. Getting the best value for money involves achieving the right balance between cost and factors such as quality, reliability and service.
Chartered Institute of Purchasing & Supply (CIPS)
Professional body representing individuals and organisations in the field of purchasing and supply chain management. Resources on the website include category management and supply management models, a CEO checklist, document templates and glossary.
International Federation of Purchasing and Supply Management (IFPSM)
Federation of national and regional purchasing associations. The body produces a monthly Ezine and offers an additional selection each month of useful articles and links.
Articles and books in the Library collection
To find out how you can borrow books from the Library please see our guide to book loans.
You can obtain copies of articles or extracts of books and reports through our document supply service.
ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.