If you are missing inventory, you may end up buying parts you already own because you cannot find them, your inventory tech loses hours looking for an item, and you end up expediting shipments for time sensitive items that are out of stock. And the fact is that the damage rarely stays “in the warehouse.” Bad inventory data turns into maintenance downtime, schedule slips, excess and obsolete inventory, write offs, shrink, and safety risk when the wrong part or wrong condition

What Does Good Inventory Management Look Like for a Small Business?