Is Your Inventory an Asset or Liability?

Is Your Inventory an Asset or Liability?

Your inventory is likely your primary source of revenue, so logically, you’d consider it your greatest asset. But, at the same time, it can be your greatest expense. How much of your inventory is sitting on the shelf collecting dust? How much of your inventory winds...
US FDA Offers New “Considerations” on Labeling

US FDA Offers New “Considerations” on Labeling

Last Monday (January 25th) the US FDA released new labeling and design recommendations for medical device manufacturers. The impetus for these new recommendations is the rapid growth of interconnected medical devices that can be used for patient care in medical...
Why Having Too Much Inventory Will Cost You

Why Having Too Much Inventory Will Cost You

Is your inventory an asset or a liability? Your inventory is likely your primary source of revenue, so logically, you’d consider it your greatest asset. But, at the same time, it can be your greatest expense. How much of your inventory is sitting on the shelf...