Inventory loss (also known as inventory shrinkage or shrink) is a big problem for any Hire business that carries physical goods. Without controls and monitors in place there is no way to trace the root causes that created the shrinkage in your business. Below are some tips to help eliminate loss or theft of your inventory.
Using your iPad or iPhone on CloudRent, you can take pictures of damages which can be appended to damage invoices, take signatures, take face shots and license shots of the person renting your inventory. If your inventory doesn't come back you will need this information to give to the Police... CloudRent reduces theft! Click here for more information
As an entrepreneur in the software industry creating outsourced management solutions for the small business sector, Ron can speak from extensive first-hand experience and has a deep understanding of the hire & Rental industry. He has listened and collaborated with industry professionals and constantly redesigned and developed the CloudRent product to meet customer and industry requirements. This led to the development of the core infrastructure that has been sold to Hire & Rental business’s in 25+ countries over the past 14 years.
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