Tight inventory control policies combined with well-trained personnel help prevent losses. Inventory acts as an asset on a company's balance sheet (although some really consider it a liability).

Depending on the size of the healthcare organization, an effective inventory control system can range from a robust spreadsheet to an industry-specific, third-party application.

In order to assist with inventory and information access, the Environmental Health and Safety Department at RIT uses a software system called CampusOptics. Through this software, chemicals are linked ...