I was studying in college when I first read about the inventory control method adopted by the Japanese. I was spell bound to note that big time manufacturers didn’t have the usual store that keeps the inventory for daily production. Yes, they arranged to get their daily requirements only on the day of production. By this method, they were able to reduce the cost substantially.
In the U.S., several companies have been using the award winning SaaS solutions to very effectively keep track of all the assets and inventory of their company and its branches that are spread over several locations across the country.
Students studying Economy as their major subject are taught the important aspects of warehouse management and how it can be a place for asset leak and how to plug the leak.
Improper data intelligence sometimes leads to duplicate purchasing that will surely inflate the cost and reduce the profit margin.
Major clients that include Dell that uses the SeeControl which is an online SaaS (Software-as-a-Service) inventory and asset management service are able to have up to date information of the entire company’s inventory at any given time.
Personally, I see this online, on demand asset tracking system is going to catch up the fascination of manufacturers and traders across the world.
The uniqueness of this revolutionary product is there is no software to download and manage it by a team of software professionals.
The product was awarded an Emerging Technology Award in Silicon Valley last year.
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