Excess Inventory Explained: Causes, Effects, and Solutions
Summary: This blog dives into managing excess inventory, a common challenge for goods-based businesses. It explores causes like inaccurate forecasting and seasonal fluctuations, alongside benefits like faster response times and drawbacks like increased costs. Learn proven strategies—bundling, discounts, and RFID inventory tracking systems from Lowry Solutions—to transform surplus stock into a strategic advantage, boosting efficiency […]
How Multi-Location Inventory Management Can Save Costs
Table of Contents Ever feel like your warehouse is playing a never-ending game of Tetris—stacking, shifting, and squeezing inventory into every available inch? When space runs out, the obvious answer might be to expand, but that can be costly and inefficient. Instead, many businesses are turning to multi-location inventory management—a smarter way to distribute products […]
How to Setup a Barcode Inventory System for Your Business
Table of Contents With deliveries constantly coming and going, it’s easy to feel overwhelmed trying to keep track of everything. When demand spikes, things can get chaotic fast, and disorganized inventory management can throw your entire operation off track—even damaging your reputation. So, how do other businesses stay on top of it all? A barcode […]
What Are Inventory Audits? Importance, Procedures, and Challenges
Table of Contents Let’s be honest—inventory audits aren’t optional if your business deals with physical goods. Audits can be tedious and time-consuming, but they offer valuable insights into a business’s financial health and operations. For eCommerce businesses, inventory audits are crucial for maintaining accurate records—whether for tax purposes or to verify stock levels. These audits […]
Improve Logistics Operations with Active RFID for Container Tracking
Table of Contents In large container yards, where materials and containers are constantly moving, tracking each container’s location and status can be challenging and prone to human error. Traditional tracking methods, often reliant on manual input or semi-automatic devices, lead to inefficiencies and inaccuracies that complicate container management. Implementing mobile device management solutions can streamline […]
How RFID is Revolutionizing the Future of Transportation and Logistics
Table of Contents Technology is evolving in every industry worldwide, and logistics and supply chain management are no exceptions. As technology advances, the need for human intervention in various fields is decreasing. A prime example of this is Radio-frequency Identification (RFID), which automates tasks and processes that once required manual effort. RFID is a game-changer […]
How Active RFID Streamlines The Tracking Of Shipping Containers in Logistics
Table of Contents Understanding today’s trade challenges shows why tracking containers matters. Tracking assets has never been more crucial, especially considering the essential role containers play in imports and exports. Asset tracking is indispensable at every stage of the supply chain, from ports and warehouses to ships. Accurate information about container whereabouts, status, and condition […]
The Impact of RFID on the Future of Transportation & Logistics
Table of Contents As a business grows, its supply chain expands, and processes become more complicated, making accuracy at each step crucial. Technology is advancing rapidly in every sector globally, and logistics and transportation are no exceptions. As technology progresses, the need for human intervention in supply chain processes decreases. One of the significant technological […]
How GPS Tracking is Reshaping Transportation and Logistics: 8 Benefits
The transportation industry has significantly transformed with the widespread adoption of Global Positioning System (GPS) technology. GPS, as a satellite navigation system, allows for the monitoring of object movements and provides real-time location information upon request. Leveraging GPS Tracking Software, including RFID Tracking Devices, can be highly beneficial for your logistics business, providing a multitude […]
Honeywell Voice: A Symphonic Blend of Leading-Edge Hardware and Software for the Distribution Center
Table of Contents Partner Blog By: Barry J. Ewell / Honeywell Manual operations of machinery have been the common form of human-machine interaction (HMI). The emergence of faster processors, lower-cost memory, enhanced analytical techniques and embedded software continues to change fundamental industrial processes. Per Gartner: By 2022, 35% of human-machine interfaces in manufacturing operations will be […]