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Whether you’ve built the latest, high-tech, data-driven warehouse fulfillment center or just set-up a few plastic totes in your garage, accurately delivering a customer’s purchase is crucial. Being right 99% of the time seems like a pretty solid percentage—until you calculate what that 1% actually Read More

Depreciation is a topic many people find confusing, but the basic concept of depreciation is not particularly complicated. In fact, depreciation is simply a method of allocating the cost of a tangible asset over the expected useful life of the asset. As a simple example, a machine that cost $1,000 Read More

An inventory manager is mainly responsible for ensuring your organization is maintaining proper inventory levels. However, there are four additional key responsibilities of inventory managers that must be considered to help your organization stay in control of inventory needs. Read More

Keeping track of business assets, such as laptops, mobile devices, and medical equipment, is a difficult undertaking for any small business owner. It can be even more challenging when valuable assets are used in tough industries that are fast-paced, high stress, or just dangerous because of the equ Read More

The 2014 Winter Olympics will be held in Sochi, Russia, and the event has already proven itself to be the most expensive Winter Olympic Games of all time. According to CNN, the 17-day event will cost Russia at least $50 billion. In fact, Russia spent $8.7 billion just to build a new railway in prep Read More