An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

Inventory tracking systems have developed a lot over time. Many years ago inventory tracking systems consisted of manually writing down each inventory transaction on a file card known as a cardex.

Later this month, 3M plans to release its Asset and Inventory Tracking System, with a hosted software application that will allow organizations such as IT departments and construction equipment ...

If you own a business with inventory, you have to keep track of it. Many businesses use a point-of-sale system, also called a POS system that helps keep track of sales and inventory. But if you're a ...