The complexities of supply chains often make it difficult for businesses to employ accurate means for monitoring their inventory. It’s not uncommon for them to rely on approximations based on shipping invoices or outdated methods. When managers take a blind eye to inventory management, they miss out on the cost saving opportunities associated with complete inventory visibility.

Implementing barcodes, radio frequency identification (RFID), or similar inventory tracking systems can provide your business with efficiencies that aren’t feasible with traditional inventory counting systems Improve overall efficiencies Counting with RFID is approximately 25 times faster than barcode scanning.

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