How to Manage Inventory

Count, the items in your warehouse, track their movements, and reorder them when they get low. Seems simple enough but managing inventory extends far beyond a straightforward, single-step procedure. It encompasses a variety of components and activities that must consistently interact in unison to achieve the intended outcomes.

Learn how Fishbowl provides the #1 requested manufacturing and warehouse management solutions.

In this guide, we share insights about:

  • The different types of inventory and its three main categories.
  • Four inventory classification systems you can use to keep your parts and products organized, including min-max systems, ABC analysis, and much more.
  • Calculating the two main costs, carrying and landed costs, with an advanced inventory management solution and the evaluation methods for your inventory.

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    Fishbowl Inventory: The industry's most flexible inventory management solution

    Fishbowl offers targeted inventory management solutions, adapting to the distinct needs of different industries. Understanding that you offer more than just products, Fishbowl’s tools empower your work to speak for itself. The accuracy and timeliness of your inventory control are crucial, directly impacting your reputation and success.