Increasing warehouse productivity is a top priority for warehouse managers everywhere. But what’s the most effective method for increasing warehouse productivity? With so many variables in play, such as labor, staffing, workloads, scheduling, and third-party vendors (over which you have l

A strong infrastructure is the lifeblood of any utility company. Without it, consistent delivery of services to meet consumer demand is next to impossible. Not to mention, a weak infrastructure causes operation costs to skyrocket, and utilities quickly find themselves underwater with no means t

A Definition of Property ID Property identification involves labeling inventory and company assets with property identification tags or ID labels to prevent theft and streamline processes. Property managers are able to work much more efficiently when companies make use of property identificatio

The U.S. Department of Defense (DoD) recently updated its instructions regarding Item Unique Identification (IUID) standards for tangible personal property. With this publication, the DoD renews its efforts to identify and manage millions of its critical assets. While there were no major change

A Definition of P&ID  A piping and instrumentation diagram (P&ID) is a drawing in the process industry. A P&ID shows all piping, including the “physical sequence of branches, reducers, valves, equipment, instrumentation and control interlocks.” A P&ID is used to operate the

A Summary of GASB 34  The Government Accounting Standards Board (GASB) is an independent, not-for-profit organization. Established in 1984, the GASB works to improve financial accounting and reporting standards for state and local governments. One of the GASB’s statements, number 34, requires g

A Summary of GASB 35 An independent, not-for-profit organization, the Government Accounting Standards Board (GASB) was established in 1984. The GASB strives to improve financial accounting and reporting standards for state and local governments and public institutions. The standards provid

Inventory control is a critical function for businesses spanning every industry. Without effective inventory control methods, the supply chain suffers, you’re not able to meet customer needs adequately, and ultimately, your company’s bottom line will reflect these inadequacies. But

One of the largest challenges businesses and organizations face is managing and maintaining their assets. To make the seemingly insurmountable process a little easier, software companies design and develop computerized maintenance management systems, or CMMS systems. These programs aid maintena

As barcode scanning systems are used across a broad range of industries today, there are a variety of systems designed to meet the needs of businesses in specific industries. That’s why it’s more important than ever to carefully weigh your options when selecting a new barcode scanni

Inventory control, sometimes also referred to as inventory management, is a way of using inventory most effectively to keep costs to a minimum. While inventory management often centers on getting inventory to the right place at the right time, inventory control is the more practical side of inv

Recently, we updated you on the DoD’s reaffirmation of its commitment to Item Unique Identification (IUID) when it republished Department of Defense Instructions (DODI) 8320.04, “Item Unique Identification Standards for Tangible Personal Property”. That naturally leads to the question: “How is

A Definition of MIL-STD-130 Military Standard 130 (MIL-STD-130) contains a detailed set of requirements and specifications for identification marking of U.S. military property. The standard practice involved in MIL-STD-130 has undergone some revisions, including MIL-STD-130N, which wa

A Definition of GAAP GAAP is an acronym for Generally Accepted Accounting Principles. Investopedia defines GAAP as, “The common set of accounting principles, standards and procedures that companies use to compile their financial statements. GAAP are a combination of authoritative standards (set

A Definition of Asset Tracking Think about all of your physical assets. You may have more than you realized, and if you do, then you need to enhance your asset tracking practices. Asset tracking, sometimes referred to as asset management, is the method you use to track your physical assets, whe

A Definition of Barcoding You see barcodes everywhere – from identification cards, to mail, to goods you purchase in a store. The small image of lines, or bars, and spaces are affixed to nearly everything you can imagine, for identification purposes. Specifically, barcodes use a sequence of ver

As asset management becomes an expected practice within the utility industry, more utility companies are looking to asset management software solutions to streamline tracking and documentation, optimize resource utilization, and improve overall service levels. While there are many asset managem

Regardless of industry, every company wants to increase profitability and minimize costs. Many are faced with maintaining compliance with industry-specific regulations, which can at times make cutting costs a challenge. Asset tracking is a solution that rises to meet both objectives, enabling e

As consumers demand increasingly faster delivery, warehouse inventory managers are under immense pressure to ensure inventory is optimized and workflows run seamlessly. When inventory management fails, the entire supply chain feels the effects. As the year draws to a close, these tips will hel

The following article is a contribution by Vera Lim of TradeGecko. What goes into building your business? There’s what’s on the surface and visible to the world, like marketing campaigns to raise awareness for your brand – such as putting together a lookbook or running a social media camp