Companies usually rely on their assets to get the job done, so they spend a significant amount of money on purchases. However, equipment maintenance should be an important point in their budget. This can become expensive if not done correctly. Your goal...
Every company that owns inventory and uses it for projects or business dealings needs to keep tabs on its equipment and the state it is in. Those who opt for manual tracking usually fail at this task as it is almost impossible to track so many tools and information...
Depreciation sounds like a complicated business term, but once you understand how important it is for your company, it will get a lot more interesting. Whenever you purchase a piece of equipment, your company spends money. As you use the item, the amount of money you...
Barcodes—the small black and white markings often found on retail products—are present in all facets of life, from stores and newspapers to hospitals and pharmacies. Their compact design and ease of use make them the number one choice for companies that want to...
It’s impossible for members of a workforce to perform their jobs correctly without the proper tools. To avoid frustrating, time-wasting searches, it’s best to exercise strong tool control from the moment your organization acquires an asset until the end of its...
