Why Manual Inventory Tracking Must Be Replaced with Automated Inventory Tracking?
Inventory tracking is important for organizations, but several organizations ignore inventory tracking and as a result, they suffer from huge losses. That is why it is important to replace inventory tracking with automated inventory tracking. In this blog we will discuss what are the losses that occur due to manual inventory tracking and what are the benefits organizations can get with automated inventory tracking! So, let us get started! What Is Inventory Tracking? Inventory tracking is essential for all organizations. Inventory can be raw material, ready product, or some MRO (maintenance repair operation) part. So, every industry has one of these 3 names which means every organization has inventories. What Is Manual Inventory Tracking & What Are the Advantages & Disadvantages of It? In manual inventory tracking, inventory records are inaccurate because of human error, and inventories are tracked via a spreadsheet. Since they are accessed by multiple people chances...