Workplace Theft Is Eating Your Revenue

losing revenue to theft in the workplace

Prevent loss of inventory with a smart, simple solution No matter the size or industry of your company, odds are good—shockingly good—that your employees are stealing inventory. It’s not fun to think about, but the statistics are overwhelming:  95% of all businesses have experienced employee theft. 75% of employees admit they have stolen from their […]

What Is Inventory Management and Why Should You Automate It?

If you’ve kept up with the latest reports on the future of inventory management and supply chain management, then you’ve seen figures like these: • In 2019, the inventory management software market exceeded USD 3 billion. With a CAGR (compound annual growth rate) of over 5%, it is expected to reach USD 5 billion by […]

Stop Overbuying and Overspending on Supplies

What Is Industrial Vending? Industrial vending machines are intelligent and can stock practically any kind of item for asset management. An employee uses its system’s identification for security first using bar codes, proximity cards, biometrics, smart cards, or other methods. The integrated inventory control system automatically logs transactions which adjust inventories accordingly. It will even […]

10 Reasons Businesses are Moving to Automated Inventory Management

Why Businesses are Moving to Automated Inventory Management Inventory is a major headache for any small business owner, and with those headaches becoming more and more common as the success of small businesses grow, it’s no surprise that many companies are switching to automatic inventory control. This is especially useful for those who need to […]