Preparing Your Business for Holiday Shopping

holidays-affect-inventory-thumb

It’s not too early to prepare for the holiday season. Right now, your competitors are ordering holiday inventory, and the best items usually go to the earliest buyers. There are a number of inventory level tracking steps you can take now to make your holiday season more … [Read more...]

Importance of Asset and Inventory Tracking for Hotels

asset-inventory-hotels-thumb

In 2011, the lodging industry generated $21.6 billion in pretax income. Hotels are constantly working to offer the best customer experience and services. In order for hotels to achieve glowing, customer satisfaction reviews and to encourage new and returning visitors to stay, they need proper … [Read more...]

Why Should I Invest in Asset Management Software to Track Fixed Assets?

Hand Putting A Coin Into Piggy Bank In Front Of Blackboard Showing Graph

Are your fixed assets secured? When you are unaware of the exact location and status of your fixed assets it is much easier for them to become lost or stolen. The results can be time lost in locating them, lost productivity, and the wasted cost of replacing missing assets. Examples of fixed assets … [Read more...]

How to Manage Inventory Overages

too-much-inventory-thumb

  In your zeal to avoid stockouts, you might tie up too much money in overstocked items. This often indicates a problem with knowing your up-to-date inventory levels and perhaps a breakdown in the purchasing department. Whatever the cause, it’s costing you money that could spend elsewhere, … [Read more...]

Is your small business prepared for the end of the year?

small-business-prepared-thumb

  It’s hard to believe, but the holidays are quickly approaching. As a business owner, chances are you are already preparing holiday campaigns and beginning to plan for next year. As you’ve likely discovered, these additional tasks, combined with year-end deadlines, can make October, … [Read more...]

5 Rights of Medication Administration

5-rights-medication-thumb

When you go to a doctor’s office, clinic, or hospital you expect safely and correctly administered medication.  This is an expectation not only supported but mandated by the Food and Drug Administration (FDA).  These strict regulations require the tracking of medication as it is distributed and … [Read more...]

We Wish You a Happy Birthday, Barcode!

happy-birthday-barcode-thumb

The patent for the barcode was filed in the United States in 1952.  Today marks the 61st anniversary of the barcode.  Last year, for the 60th anniversary, we shared a barcode anniversary infographic providing some key takeaways. The barcode was invented to help track inventory at grocery … [Read more...]

The Risks of Pen & Paper Timekeeping

risks-of-timekeeping-thumb

Relying on a manual input method (Excel, punch cards, paper time sheets) to track time and attendance, rather than an automated system, places your company at risk.  According to a 2011 report conducted by the Aberdeen Group, one-in-three companies still use manual timekeeping methods regardless of … [Read more...]

The Affordable Care Act and Timekeeping

affordable-care-act-thumb

Although the Obama Administration recently delayed enforcement and reporting requirements of employer penalties under the Affordable Care Act (ACA) until 2015, businesses should use this extra time to better prepare.  As an employer, you need a full understanding of how the law impacts your business … [Read more...]