How Oil and Gas industry use inventory management? How automation helps them?

Oil and gas companies run in vibrant and complex multi-functioned environments, where they face endless challenges especially in terms of supply and demand. Now with the oil prices at historic lows, the time has come to gauge the supply chain and procurement techniques and costs. Oil and gas companies need to focus not only on …

How Inventory reporting work with industry to improve inventory management?

An inventory report is a summary of items belonging to a business, industry, organization, or home. It provides a comprehensive account of the stock or supply of various items. They can be written in various forms and lengths. A good inventory report should always be clear, simple, and exhaustive. For many types of businesses — …

How industries use inventory management? How automation helps them?

How industries use inventory management? How automation helps them? What is ‘Inventory Management?’ Inventory management refers to the process of ordering, storing and using a company’s inventory: raw materials, components and finished products. BREAKING DOWN ‘Inventory Management’ A company’s inventory is one of its most valuable assets. In retail, manufacturing, food service and other inventory-intensive …

How Higher Education Industry use inventory management? How automation helps them?

How Higher Education Industry use inventory management? How automation helps them? A University Inventory Management Company: Now That’s Smart The word “university” may not come to mind when you consider the kinds of entities who could benefit from the services of an inventory management company. But higher education is very much a business. Colleges and …

How Construction industries use inventory management? And how automation helps them?

As the world is going fast towards digitalization and technology day by day, it is astonishing to see construction companies still clustered at the back, using complex spreadsheets and log sheets to track and manage equipment. An out-dated tool inventory management system can waste a lot of manpower and physical resources. Such painstaking and time-consuming …