Archive for May 11, 2018
With the growth of online shopping through large and small platforms alike (looking at you, Amazon), the need for efficient shipping and manufacturing systems have grown alongside it. Goods that are ordered online are typically shipped from warehouses – of which we have seen a nearly seven percent growth in the last half of the decade – and an adequate asset tracking system.
The right asset tracking system has become crucial for keeping track of inventory, as an asset tracking system or other such tracking inventory tracking software can keep track of inventory, preventing the loss of the subsequent funds lost alongside misplaced inventory items. As there are around one trillion dollars of lost capital tied up in lost inventory – around seven percent of the GDP, in fact – an effective asset tracking system