Guest Column | November 19, 2013

5 Ways Technology Simplifies "Taking Inventory"

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By Brian Sutter, director of marketing, Wasp Barcode Technologies

At least once per day, 64 percent of businesses conduct manual searches to locate inventory and assets. So, it’s no wonder that businesses without an inventory tracking solution can spend approximately 16 hours managing inventory and lose $437,000 annually as a result of lost inventory and assets. In order to combat the significant loss of money and time, businesses are looking for different ways to track inventory. Excel spreadsheets and a pad and paper no longer make the cut when it comes to proper inventory management. Below are five ways technology simplifies this process.

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