Non-asset distribution companies don’t own their own warehouses or trucks. Instead, they use third-party logistics (3PL) services to store and ship products. While this gives them more flexibility, it also creates challenges in keeping track of inventory, managing lot numbers, and connecting with different sales platforms. 1. Lack of Warehouse Control (3PL Dependence) • Challenge: No direct control over receiving, storing, and shipping processes in 3PL warehouses. • Solution:

Today, let's take a nostalgic journey back in time to a truly monumental moment in the history of inventory management – the first use of a barcode to track stock. The Milestone Moment It was on June 26, 1974, that the world witnessed the very first instance of a barcode being used to scan a product. This historic event took place at Marsh's Supermarket in Troy, Ohio. The first item ever scanned was a 10-pack of Wrigley's Juicy Fruit gum. 🛒🍬 The scanner read a Universal Pro