Asset vs Inventory Management Systems, Part 2

Welcome back to Part 2 of this blog series on what you should know about purchasing asset and inventory management systems. Prior to investing in one of these systems, it is important to determine exactly which type you need. Keep in mind that assets are owned items of value, while inventory is the amount of…

Asset vs Inventory Management Systems, Part 1

If you’re considering purchasing an asset or inventory management system, there a few things you should be aware of when determining which one is right for you. First, let’s specify the difference between assets and inventory: An asset is an owned item of value. Inventory is the amount of materials on hand. Next, let’s look at how each of these…