How Analytics Can Transform Your Inventory Management

Inventory management software articles, Fishbowl Blog
Inventory management software articles, Fishbowl BlogWhen most people think of analytics, they think of marketing. However, the field of inventory analytics is a growing industry—providing unmatched advantages to the businesses that utilize this new and innovative technology. For example, companies can use detailed reports generated by Fishbowl’s inventory management software to explore specific avenues of their operations. Manufacturers can check the Available to Build report to see how many finished goods they could produce given their current number of raw materials. Retailers can look at the Historical Part Cost report to see what a certain item has cost them to obtain in the past using FIFO, LIFO, average, or standard costing methods. Wholesalers will find the Sales Order Summary report particularly useful in spotting trends over time and checking the status of orders that are either open, in process, or fulfilled. While it may require an investment in new hardware and the implementation of new software, the benefits far outweigh the costs. (more…)

Watch Out for These 6 Inventory Management Trends in 2018

See many of the new features that are coming to Fishbowl in future software releases, Fishbowl Blog
See many of the new features that are coming to Fishbowl in future software releases, Fishbowl BlogInventory management of the near- and far-future won’t look anything like it does today. Technology hasn’t just made us faster at producing the things we need — it’s helped us bring down waste, error, and uncertainty in ways that make us better equipped than ever for a quickly changing world. In 2018, we’ll see the continued march of progress and even new ways of thinking in inventory management and throughout the supply chain. Some of the six trends below might be familiar to you, but hopefully all of them get you excited about what the future holds for this space. (more…)

How to Classify Your Inventory

Use Boxstorm's Advanced Search feature to filter data in its modules, Fishbowl Blog
Use Boxstorm's Advanced Search feature to filter data in its modules, Fishbowl BlogHow do you classify all of the parts and products in your inventory? It’s important to come up with a good inventory classification system because this helps you keep everything well-organized. Choose between these four inventory classification systems to ensure your products don’t get mixed up. (more…)

Fishbowl CMO Named One of Utah’s Top Marketers of 2011

Chalk up one more to the list of awards Fishbowl won last year. Kirk Tanner, Fishbowl’s Chief Marketing Officer, was recently honored by Utah Business magazine as one of Utah’s most effective sales and marketing experts in 2011. (more…)