Eliminate (don't automate) inventory tracking

Being competitive in today's global markets is not easy. As a result, most companies are investing heavily in upgrading their competitive posture through the implementation of advanced methodologies, which are now becoming affordable to even the smallest of companies. It is also true that technology is advancing too rapidly for most organizations to absorb and effectively implement new developments. We've learned that technology alone is insufficient to improve competitiveness... and when implemented improperly it adds cost, with very little advantage. We've further learned that the effective implementation of technology must be rooted in common sense, accompanied by fundamental shifts in thinking. A change in how we manage and track inventory is one of those fundamental shifts that must take place if we are to benefit from much of the new technology. This article discusses changing the inventory management and tracking mindset.