A tagging inventory system is a manual process that uses actual tags to track movement of products. Each item has a price tag that is removed when it is purchased.

How to Implement Inventory Management Systems. An inventory management system, also known as an inventory control system, is usually a software application that tracks every aspect of the items ...

Basic asset tagging doesn’t need to come at a high cost. Barcode tags are particularly inexpensive, and small businesses in particular may be well-served with free asset tracking software.

Walmart Inc. is requiring suppliers in more product categories to attach RFID tags to their items, which helps the retailer ensure proper stock levels in stores.