{"id":3104,"date":"2021-05-21T17:51:57","date_gmt":"2021-05-21T12:21:57","guid":{"rendered":"https:\/\/factech.co.in\/blog\/?p=3104"},"modified":"2023-04-26T13:13:03","modified_gmt":"2023-04-26T07:43:03","slug":"5-ways-inventory-management-solution-can-save-huge-cost","status":"publish","type":"post","link":"https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/","title":{"rendered":"5 ways inventory management solution can save huge cost"},"content":{"rendered":"<h1>Importance of Inventory Management<\/h1>\n<p><span style=\"font-size: 14pt;\">Inventory management has never been at the frontline of operational requirements, but it holds an indispensable place in the backend. Although it doesn&#8217;t seem like a driving part of any maintenance or facility function, still it plays a crucial role. Whether it is a construction site, a factory, or any building like real estate, hotel, or hospital, a huge number of spares and consumables are kept in stores that are issued, transferred, and reordered.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3109 size-full\" src=\"https:\/\/factech.ai\/blog\/wp-content\/uploads\/2021\/05\/5.1-Inventory-Management.png\" alt=\"5 ways inventory management solution\" width=\"1000\" height=\"536\" srcset=\"https:\/\/factech.ai\/blog\/wp-content\/uploads\/2021\/05\/5.1-Inventory-Management.png 1000w, https:\/\/factech.ai\/blog\/wp-content\/uploads\/2021\/05\/5.1-Inventory-Management-300x161.png 300w, https:\/\/factech.ai\/blog\/wp-content\/uploads\/2021\/05\/5.1-Inventory-Management-768x412.png 768w, https:\/\/factech.ai\/blog\/wp-content\/uploads\/2021\/05\/5.1-Inventory-Management-850x456.png 850w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<h2>Overview of Inventory Management Software<\/h2>\n<p><iframe loading=\"lazy\" title=\"Inventory Management System for Your Business\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/FNJJz4GYicU?feature=oembed&#038;enablejsapi=1&#038;origin=https:\/\/factech.co.in\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<h2><strong>How Inventory Management System boost ROI<\/strong><\/h2>\n<p><span style=\"font-size: 14pt;\">Let&#8217;s think of ways in which an inventory management system can help an organization or a managing company save money in day-to-day working.<\/span><\/p>\n<h3><strong><span style=\"font-size: 14pt;\">1. Automate manual tasks<\/span><\/strong><\/h3>\n<p><span style=\"font-size: 14pt;\">First of all, we must admit that inventory, if managed manually, takes lots of effort and time, leading to the passing of the delay to the other operations like maintenance, production, etc. Further errors are unavoidable in manual processes thus in most cases the inventory data is wrong. As a consequence, mismanagement and confusion occur. A system in this case helps overcome such scenarios and also adds to smoothening of the overall process.<\/span><\/p>\n<h3><strong><span style=\"font-size: 14pt;\">2. Right items at the right time<\/span><\/strong><\/h3>\n<p><span style=\"font-size: 14pt;\">It mostly happens in a store that a particular item keeps lying forever till it becomes obsolete and management comes to know when it is too late to even return or use it. This is a big loss. Even more that, a fast-moving item goes out of stock thus leaving the technicians or production line in the lurch. Which is an even bigger loss. A smart inventory management system keeps improving on such instances by analyzing the trends and past data. So we have the right item always available and we never sit a stock of obsolete items.<\/span><\/p>\n<h3><strong><span style=\"font-size: 14pt;\">3. Stock Loss<\/span><\/strong><\/h3>\n<p><span style=\"font-size: 14pt;\">In traditional ways of inventory management, many flaws are exploited by some employees in stealing goods or spares. Since checking them is a tedious task most of such theft goes unchecked adding to the losses incurred by the organization. After this is automated, accountability is boosted and real-time alerts are activated as soon as some irregularity is caught by the system. Thus helping the management saving on money.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\"><strong>Factech<\/strong> Inventory Management has complete tracking of movement of Items and Goods. QR and Barcode tracking along with below single click features:<\/span><\/p>\n<ul>\n<li><span style=\"font-size: 14pt;\">Returns of Inventory Items<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Transfer across Warehouses<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Adjust Available Stock<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Issue of Items<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Receive Items and Goods<\/span><\/li>\n<\/ul>\n<h3><strong><span style=\"font-size: 14pt;\">4. Inventory Management at multiple Warehouses and Sites<\/span><\/strong><\/h3>\n<p><span style=\"font-size: 14pt;\">With time, complexity is increasing at a fast rate even in inventory management. If there are many sites of a company, either each site has a store or a common store for many sites or even a single site with many different stores. This leads to data redundancy or inaccuracy. Managing such a complex structure of stock requires ultra-swift inter-store communication checking all the defined rules and regulations. Then too it becomes unmanageable and chaotic. This is best dealt with through a well-designed inventory software running flawlessly and saving on time and cost.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">With Factech <a href=\"https:\/\/factech.ai\/blog\/inventory-management-best-facility-practices\/\">Inventory Management System<\/a> you can handle multiple Warehouses with:<\/span><\/p>\n<ul>\n<li><span style=\"font-size: 14pt;\">Batch Tracking<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Bin and Location Tracking<\/span><\/li>\n<\/ul>\n<h3><strong><span style=\"font-size: 14pt;\">5. Forecasting and Trends of Inventories<\/span><\/strong><\/h3>\n<p><span style=\"font-size: 14pt;\">Finally, a good system can improve forecasting and help you make data-driven decisions. With knowledge from the live system, you can save money by reducing inventory and carrying costs. Factech track below KPIs for Inventories:<\/span><\/p>\n<ul>\n<li><span style=\"font-size: 14pt;\">Most Active Stock<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Vendor Performance for Inventory Categories<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Inventory Expiring in Next 90 Days<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Dead Stock %<\/span><\/li>\n<li><span style=\"font-size: 14pt;\">Issues, Purchase, Returns, and Transfers &#8211; Reason Tracking<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-size: 14pt;\">To get the right inventory management system <a href=\"https:\/\/isocietymanager.com\/contact\/contact-us.html#form?req=demo&amp;from=www\"><strong>click here<\/strong> <\/a>for a live demo of the Factech inventory system<\/span><\/h2>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Importance of Inventory Management Inventory management has never been at the frontline of operational requirements, but it holds an indispensable place in the backend. Although it doesn&#8217;t seem like a driving part of any maintenance or facility function, still it plays a crucial role. Whether it is a construction site, a factory, or any building<\/p>\n","protected":false},"author":6,"featured_media":3645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,143,46],"tags":[1545,47,67,68,1544,1546],"post_folder":[],"class_list":["post-3104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-facility-management-software","category-inventory-management","category-inventory-management-software","tag-dead-stock-tracking","tag-inventory","tag-inventory-management-system","tag-inventory-tracking","tag-multi-warehouse-inventory-management","tag-obsolete-and-most-active-stock-tracking"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>5 Ways Inventory Management Solution | Fatech Solution<\/title>\n<meta name=\"description\" content=\"5 ways inventory management solution can help automate the process of tracking, reducing the risk of human error &amp; ensuring accurate records.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 Ways Inventory Management Solution | Fatech Solution\" \/>\n<meta property=\"og:description\" content=\"5 ways inventory management solution can help automate the process of tracking, reducing the risk of human error &amp; ensuring accurate records.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/\" \/>\n<meta property=\"og:site_name\" content=\"Facility Technology\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/greatfactech\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-21T12:21:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-26T07:43:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/factech.ai\/blog\/\/wp-content\/uploads\/2021\/07\/challenges-of-cloud-based-inventory-management.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"940\" \/>\n\t<meta property=\"og:image:height\" content=\"788\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ashish Sharma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@iSocietyManager\" \/>\n<meta name=\"twitter:site\" content=\"@iSocietyManager\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ashish Sharma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/5-ways-inventory-management-solution-can-save-huge-cost\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/\\\/5-ways-inventory-management-solution-can-save-huge-cost\\\/\"},\"author\":{\"name\":\"Ashish Sharma\",\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/#\\\/schema\\\/person\\\/defd38739081642515560fe3fb067f49\"},\"headline\":\"5 ways inventory management solution can save huge cost\",\"datePublished\":\"2021-05-21T12:21:57+00:00\",\"dateModified\":\"2023-04-26T07:43:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/\\\/5-ways-inventory-management-solution-can-save-huge-cost\\\/\"},\"wordCount\":630,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/5-ways-inventory-management-solution-can-save-huge-cost\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/factech.ai\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/challenges-of-cloud-based-inventory-management.jpg\",\"keywords\":[\"dead stock tracking\",\"Inventory\",\"Inventory Management System\",\"Inventory Tracking\",\"multi warehouse inventory management\",\"obsolete and most active stock tracking\"],\"articleSection\":[\"Facility Management Software\",\"Inventory Management\",\"Inventory Management Software\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/factech.ai\\\/blog\\\/5-ways-inventory-management-solution-can-save-huge-cost\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/\\\/5-ways-inventory-management-solution-can-save-huge-cost\\\/\",\"url\":\"https:\\\/\\\/factech.ai\\\/blog\\\/5-ways-inventory-management-solution-can-save-huge-cost\\\/\",\"name\":\"5 Ways Inventory Management Solution | Fatech Solution\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/5-ways-inventory-management-solution-can-save-huge-cost\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/5-ways-inventory-management-solution-can-save-huge-cost\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/factech.ai\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/challenges-of-cloud-based-inventory-management.jpg\",\"datePublished\":\"2021-05-21T12:21:57+00:00\",\"dateModified\":\"2023-04-26T07:43:03+00:00\",\"description\":\"5 ways inventory management solution can help automate the process of tracking, reducing the risk of human error & ensuring accurate records.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/5-ways-inventory-management-solution-can-save-huge-cost\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/factech.ai\\\/blog\\\/5-ways-inventory-management-solution-can-save-huge-cost\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/5-ways-inventory-management-solution-can-save-huge-cost\\\/#primaryimage\",\"url\":\"https:\\\/\\\/factech.ai\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/challenges-of-cloud-based-inventory-management.jpg\",\"contentUrl\":\"https:\\\/\\\/factech.ai\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/challenges-of-cloud-based-inventory-management.jpg\",\"width\":940,\"height\":788,\"caption\":\"challenges of inventory management solved\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/5-ways-inventory-management-solution-can-save-huge-cost\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/factech.ai\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"5 ways inventory management solution can save huge cost\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/factech.ai\\\/blog\\\/\",\"name\":\"Facility Technology\",\"description\":\"Simplifying Facilities...\",\"publisher\":{\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/factech.ai\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/#organization\",\"name\":\"Facility Technology\",\"url\":\"https:\\\/\\\/factech.ai\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/factech.ai\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/Factech-Logo.jpg\",\"contentUrl\":\"https:\\\/\\\/factech.ai\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/Factech-Logo.jpg\",\"width\":100,\"height\":100,\"caption\":\"Facility Technology\"},\"image\":{\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/greatfactech\",\"https:\\\/\\\/x.com\\\/iSocietyManager\",\"https:\\\/\\\/www.instagram.com\\\/factechsolutions\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/factech-solutions\\\/\",\"https:\\\/\\\/www.youtube.com\\\/c\\\/FactechSolutions\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/factech.ai\\\/blog\\\/#\\\/schema\\\/person\\\/defd38739081642515560fe3fb067f49\",\"name\":\"Ashish Sharma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9c310b39b402a625ea4c17a9d7d284d358e2c0de2f6803541d9bb0fb4af303cc?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9c310b39b402a625ea4c17a9d7d284d358e2c0de2f6803541d9bb0fb4af303cc?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9c310b39b402a625ea4c17a9d7d284d358e2c0de2f6803541d9bb0fb4af303cc?s=96&d=mm&r=g\",\"caption\":\"Ashish Sharma\"},\"sameAs\":[\"https:\\\/\\\/isocietymanager.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"5 Ways Inventory Management Solution | Fatech Solution","description":"5 ways inventory management solution can help automate the process of tracking, reducing the risk of human error & ensuring accurate records.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/","og_locale":"en_US","og_type":"article","og_title":"5 Ways Inventory Management Solution | Fatech Solution","og_description":"5 ways inventory management solution can help automate the process of tracking, reducing the risk of human error & ensuring accurate records.","og_url":"https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/","og_site_name":"Facility Technology","article_publisher":"https:\/\/www.facebook.com\/greatfactech","article_published_time":"2021-05-21T12:21:57+00:00","article_modified_time":"2023-04-26T07:43:03+00:00","og_image":[{"width":940,"height":788,"url":"https:\/\/factech.ai\/blog\/\/wp-content\/uploads\/2021\/07\/challenges-of-cloud-based-inventory-management.jpg","type":"image\/jpeg"}],"author":"Ashish Sharma","twitter_card":"summary_large_image","twitter_creator":"@iSocietyManager","twitter_site":"@iSocietyManager","twitter_misc":{"Written by":"Ashish Sharma","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/#article","isPartOf":{"@id":"https:\/\/factech.ai\/blog\/\/5-ways-inventory-management-solution-can-save-huge-cost\/"},"author":{"name":"Ashish Sharma","@id":"https:\/\/factech.ai\/blog\/#\/schema\/person\/defd38739081642515560fe3fb067f49"},"headline":"5 ways inventory management solution can save huge cost","datePublished":"2021-05-21T12:21:57+00:00","dateModified":"2023-04-26T07:43:03+00:00","mainEntityOfPage":{"@id":"https:\/\/factech.ai\/blog\/\/5-ways-inventory-management-solution-can-save-huge-cost\/"},"wordCount":630,"commentCount":1,"publisher":{"@id":"https:\/\/factech.ai\/blog\/#organization"},"image":{"@id":"https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/#primaryimage"},"thumbnailUrl":"https:\/\/factech.ai\/blog\/wp-content\/uploads\/2021\/07\/challenges-of-cloud-based-inventory-management.jpg","keywords":["dead stock tracking","Inventory","Inventory Management System","Inventory Tracking","multi warehouse inventory management","obsolete and most active stock tracking"],"articleSection":["Facility Management Software","Inventory Management","Inventory Management Software"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/factech.ai\/blog\/\/5-ways-inventory-management-solution-can-save-huge-cost\/","url":"https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/","name":"5 Ways Inventory Management Solution | Fatech Solution","isPartOf":{"@id":"https:\/\/factech.ai\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/#primaryimage"},"image":{"@id":"https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/#primaryimage"},"thumbnailUrl":"https:\/\/factech.ai\/blog\/wp-content\/uploads\/2021\/07\/challenges-of-cloud-based-inventory-management.jpg","datePublished":"2021-05-21T12:21:57+00:00","dateModified":"2023-04-26T07:43:03+00:00","description":"5 ways inventory management solution can help automate the process of tracking, reducing the risk of human error & ensuring accurate records.","breadcrumb":{"@id":"https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/#primaryimage","url":"https:\/\/factech.ai\/blog\/wp-content\/uploads\/2021\/07\/challenges-of-cloud-based-inventory-management.jpg","contentUrl":"https:\/\/factech.ai\/blog\/wp-content\/uploads\/2021\/07\/challenges-of-cloud-based-inventory-management.jpg","width":940,"height":788,"caption":"challenges of inventory management solved"},{"@type":"BreadcrumbList","@id":"https:\/\/factech.ai\/blog\/5-ways-inventory-management-solution-can-save-huge-cost\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/factech.ai\/blog\/"},{"@type":"ListItem","position":2,"name":"5 ways inventory management solution can save huge cost"}]},{"@type":"WebSite","@id":"https:\/\/factech.ai\/blog\/#website","url":"https:\/\/factech.ai\/blog\/","name":"Facility Technology","description":"Simplifying Facilities...","publisher":{"@id":"https:\/\/factech.ai\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/factech.ai\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/factech.ai\/blog\/#organization","name":"Facility Technology","url":"https:\/\/factech.ai\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/factech.ai\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/factech.ai\/blog\/wp-content\/uploads\/2022\/08\/Factech-Logo.jpg","contentUrl":"https:\/\/factech.ai\/blog\/wp-content\/uploads\/2022\/08\/Factech-Logo.jpg","width":100,"height":100,"caption":"Facility Technology"},"image":{"@id":"https:\/\/factech.ai\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/greatfactech","https:\/\/x.com\/iSocietyManager","https:\/\/www.instagram.com\/factechsolutions\/","https:\/\/www.linkedin.com\/company\/factech-solutions\/","https:\/\/www.youtube.com\/c\/FactechSolutions"]},{"@type":"Person","@id":"https:\/\/factech.ai\/blog\/#\/schema\/person\/defd38739081642515560fe3fb067f49","name":"Ashish Sharma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9c310b39b402a625ea4c17a9d7d284d358e2c0de2f6803541d9bb0fb4af303cc?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9c310b39b402a625ea4c17a9d7d284d358e2c0de2f6803541d9bb0fb4af303cc?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9c310b39b402a625ea4c17a9d7d284d358e2c0de2f6803541d9bb0fb4af303cc?s=96&d=mm&r=g","caption":"Ashish Sharma"},"sameAs":["https:\/\/isocietymanager.com"]}]}},"_links":{"self":[{"href":"https:\/\/factech.ai\/blog\/wp-json\/wp\/v2\/posts\/3104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/factech.ai\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/factech.ai\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/factech.ai\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/factech.ai\/blog\/wp-json\/wp\/v2\/comments?post=3104"}],"version-history":[{"count":7,"href":"https:\/\/factech.ai\/blog\/wp-json\/wp\/v2\/posts\/3104\/revisions"}],"predecessor-version":[{"id":6214,"href":"https:\/\/factech.ai\/blog\/wp-json\/wp\/v2\/posts\/3104\/revisions\/6214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/factech.ai\/blog\/wp-json\/wp\/v2\/media\/3645"}],"wp:attachment":[{"href":"https:\/\/factech.ai\/blog\/wp-json\/wp\/v2\/media?parent=3104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/factech.ai\/blog\/wp-json\/wp\/v2\/categories?post=3104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/factech.ai\/blog\/wp-json\/wp\/v2\/tags?post=3104"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/factech.ai\/blog\/wp-json\/wp\/v2\/post_folder?post=3104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}