Podbean logo
  • Discover
  • Podcast Features

    Your all-in-one podcasting solution.

    Podcast Studio

    Easy-to-use audio recorder app.

  • Livestream

    High-performing audio live, without limits.

  • Podcast App

    The best podcast player & podcast app.

  • Ads Marketplace

    Join Ads Marketplace to earn money
    through sponsorship on your podcast.

    PodAds

    Manage your ads with dynamic ad insertion capability.

  • Patron & Paid Content

    The seamless way for fans to support you directly
    from your podcast.

  • Apple Podcasts Subscriptions Integration

    Effortlessly publish and manage exclusive episodes for your
    Apple Podcasts subscribers directly from Podbean.

  • All Arts Business Comedy Education
  • Fiction Government Health & Fitness History Kids & Family
  • Leisure Music News Religion & Spirituality Science
  • Society & Culture Sports Technology True Crime TV & Film
  • Live
  • How to Start a Podcast
  • How to Start a Live Podcast
  • How to Monetize a podcast
  • How to Promote Your Podcast
  • How to Use Group Recording
  • Log in
  • Start your podcast for free
  • Podcasting
    • Podcast Features
    • Live Stream
    • PodAds
    • Podcast App
    • Podcast Studio
  • Monetization
    • Premium
    • Patron
    • Apple Podcasts Subscriptions Integration
    • Ads Marketplace
  • Enterprise
  • Pricing
  • Discover
  • Log in
    Sign up free
Paychex THRIVE, a Business Podcast

Paychex THRIVE, a Business Podcast

Business

Taking Stock: Inventory Innovations in the Information Age

Taking Stock: Inventory Innovations in the Information Age

2021-12-14
Download

Any business selling products is dependent on inventory management to fulfill customer needs, but many companies haven’t mastered this critical aspect of operations. Hear Lucas Miller, vice president of implementation for Fishbowl, the global leader in inventory control solutions, explain best practices in stock management, trending innovations, and key metrics that can empower smarter inventory planning and leaner warehousing. Further, learn why the shift to automated stocking software calls for veteran staff at the helm, and how pain points in managing inventory data can point to a need for improved business processes.

Topics include:

3:23 - Supply chain shortages reveal inventory management challenges
4:57 - How has physical counting changed today?
7:26 - Barcoding is about accuracy, not speed
9:32 - QR codes: trend vs. traction
11:02 - How does RFID differ? What's the forecast for RFID?
12:49 – Avoiding the challenge of overstocked obsoletion
15:25 - Robotics, automation impact on manufacturing
17:22 – Process changes necessary for modern inventory automation
21:00 - Key inventory metrics: ABC codes, reorder levels

Resources:

As you manage inventory, you’ll need to understand the cost of goods sold. Learn more at: www.paychex.com/articles/finance/what-is-cost-of-goods-sold.

Explore inventory management software at: http://FishbowlInventory.com

Is there a topic or guest you’d like to submit for the show? Send in your ideas at: http://payx.me/thrivetopics

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

view more

More Episodes

IRS Pauses Review of ERTC Claims, Entrepreneurship Trendy, Health Care Costs to Soar
2023-09-21
Navigating the Process of Buying and Selling Businesses
2023-09-19
Bankruptcies Rise, Score with NHL’s Penguins, and Prison Education Plan a Breakout
2023-09-14
Reinventing the Customer Experience with Communication Technology
2023-09-12
Job Growth Flat, 529 Plan Rollovers, and a Proposed Rule on Overtime
2023-09-07
Gen Z Favoring Trades, Mental Health a Key Focus, and a Government Shutdown Looms
2023-08-31
The Importance of Cyber Security for Small Businesses
2023-08-29
Navigating Minimum Wage Changes, Hybrid Work Strategies, and Employee Stock Ownership Plans
2023-08-24
Religious Accommodations in the Workplace – Breaking Down Groff vs DeJoy
2023-08-22
Ownership Reporting, Pregnancy Rules, and Happy Birthday Means Happy Employees
2023-08-18
How SCORE Mentorships are Helping Small Businesses Navigate AI, the Labor Market, and More
2023-08-15
Form I-9 and Visa Cards: In-Person Inspections of Documents and Surcharges
2023-08-10
The Economy Now and in the Future: Housing, Deficit, Interest Rates, and More
2023-08-08
Extreme Heat and Mental Health Are Hot-Button Topics; Look to Your States as Funding Source
2023-08-03
ERTC: Retroactive Tax Credits for Your Business - Expert Insights and Deadlines
2023-08-01
Credit Tightens as Banks Brace, Insurance Company Bails on Florida, and Bank on Barbie
2023-07-27
Retirement in the U.S. – Pensions, SECURE 2.0 Act, Student Loans, and More
2023-07-25
Threads vs. Twitter, Small Business Borrowing, and UPS Strike Threat
2023-07-20
How T-Mobile is Supporting New Technologies
2023-07-18
Slowing But Solid Jobs Numbers, Interest Rates a Bit High, and Way Too Much AI
2023-07-13
  • ←
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • →
012345678910111213141516171819

Get this podcast on your
phone, FREE

Download Podbean app on App Store Download Podbean app on Google Play

Create your
podcast in
minutes

  • Full-featured podcast site
  • Unlimited storage and bandwidth
  • Comprehensive podcast stats
  • Distribute to Apple Podcasts, Spotify, and more
  • Make money with your podcast
Get started

It is Free

  • Podcast Services

    • Podcast Features
    • Pricing
    • Enterprise Solution
    • Private Podcast
    • The Podcast App
    • Live Stream
    • Audio Recorder
    • Remote Recording
  •  
    • Create a Podcast
    • Video Podcast
    • Start Podcasting
    • Start Radio Talk Show
    • Education Podcast
    • Church Podcast
    • Nonprofit Podcast
    • Get Sermons Online
    • Free Audiobooks
  • MONETIZATION & MORE

    • Podcast Advertising
    • Dynamic Ads Insertion
    • Patron Program
    • Apple Podcasts Subscriptions
    • Switch to Podbean
    • Submit Your Podcast
    • Podbean Plugins
    • Developers
  • KNOWLEDGE BASE

    • How to Start a Podcast
    • How to Start a Live Podcast
    • How to Monetize a podcast
    • How to Promote Your Podcast
    • How to Use Group Recording
  • Support

    • Support Center
    • What’s New
    • Free Webinars
    • Podcast Events
    • Podbean Academy
    • Podcasting Smarter
    • Badges
    • Resources
  • Podbean

    • About Us
    • Podbean Blog
    • Careers
    • Press and Media
    • Green Initiative
    • Affiliate Program
    • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Terms of Use
  • Consent Preferences
  • Copyright © 2015-2023 Podbean.com