Physical assets are tangible assets and can be seen and touched - think computers, office equipment etc. Finance, accounting and even IT teams need to keep track of these items because they depreciate or lose value due to wear and tear over time. Most companies are still using spreadsheets and ... Continue Reading
Unexpected Downtime. That's one of the worst things that can happen in the manufacturing supply chain. It affects your customers and costs money on lost production time. In fact, a publication from the National Institute of Standards and Technology estimates that of the 82% of companies that have ... Continue Reading