Skip to main content
Advantive

The Importance of Inventory Tracking by Location

By Grace Barton Updated

When it comes to warehouse management, the ability to track inventory by location is key to maintaining precise and sufficient inventory levels in real-time. ParityFactory’s robust location tracking functionality facilitates this accuracy through the adoption of scannable location barcodes and a variety of configuration options that allow our users to track their inventory at the exact granularity desired. Rarely is this feature the main reason people buy our system. However, more often than not it’s one of the biggest perks to adopting digital lot tracing, and users are regularly surprised by just how many day-to-day tasks that this one function helps streamline.

But what exactly does it mean to track inventory by location? In its simplest form, the location tracking functionality enables businesses of any size and scale to create and customize a multitude of locations at varying levels of specificity, including:

• Warehouses/Facilities
• Buildings within the Warehouse/Facility
• Rooms within a Building
• Aisles within a Room
• Layers and/or Slots within an Aisle

Physically, what this looks like is a user scanning a physical barcode that is associated with a location when they receive, move, stage, or ship out product. This allows ParityFactory to tie that product to that location.

This base configuration enables system users to move inventory quickly and easily throughout warehouse(s) while providing added transparency in reporting, inventory planning, storage, etc. which all only increase the more granular the tracking is implemented. Users are empowered to adopt advanced location tracking features over time, including but not limited to:

• Setting up designated location zones/types that enforce proper storage conditions and/or only allow storage of specified products. This drastically reduces possible employee error and has the added proxy benefit of making training easier by simplifying certain processes.
• Specifying a maximum capacity (ex. number of inventory units) that may be stored in a location(s).
• Prioritizing locations within a location zone to enforce the location order in which inventory is stored, thereby helping floor staff to more easily adhere to rules such as FEFO/FIFO.
• Placing inventory on hold by location
• Conducting cycle counts by location, rather than having to perform a count of the entire facility’s inventory.

Benefits of Inventory Tracking by Location

The operational benefits of tracking inventory by location are many, and they’re immediately realized once a system is up and running. The first, and probably most obvious, is the increased accuracy of inventory. Rather than becoming one nebulous figure in the system, the inventory is known at a more precise level. In addition, because specific inventory can be tracked to where it is in the facility, enforcing standards such as FEFO and FIFO become a breeze, as does easily finding inventory to move for holding or staging purposes. In addition, management staff can use the location put-away data of items to analyze and enforce proper storage conditions for their products, reducing possible loss due to employee error.

These are just a few of the benefits that can be through inventory location tracking. We’ve helped hundreds of food and beverage operations achieve these goals for their business, and we’re ready to help you too! Reach out and Schedule a Demo today to learn more about how ParityFactory can be an asset to your business.

Grace Barton

Marketing Specialist

About the Author Latest Posts

Grace Barton is a digital marketing and competitive intelligence professional who crafts strategic narratives by bridging marketing insights with analytical expertise. At Advantive, she creates engaging, data-driven content tailored to the distribution, manufacturing, packaging, and quality industries. Her goal is to deliver impactful messaging that drives engagement and growth based on specific gap closure needs, whether responding to sales organization requirements, pinpointing gaps in content, or meeting immediate market trends.
She thrives on transforming competitive intelligence into actionable insights for the sales organization. Grace manages Advantive’s competitive intelligence platform, Klue, to equip the sales team with the battlecards and market data they need to stay ahead of competitors. Since launch, she’s built 28+ battlecards across four lines of business, ensuring the GTM strategy stays sharp.
Grace has a passion for leveraging market insights with storytelling to guide strategic decision-making, empower sales organizations, and nurture organizational growth.

Areas of Expertise: Digital Marketing, Competitive Intelligence, Strategic Narratives, Marketing Insights, Analytical Expertise

LinkedIn

Editorial standards

Fact-checking & editorial guidelines

Every article on advantive.com is written and reviewed against an internal accuracy standard before publication. Here's what that means in practice.

  • Product claims are verified by the brand team that owns the platform.

    When an article references InfinityQS, WinSPC, PQ Systems, Pinpoint, ParityFactory, ProPlanner, KiwiPlan, DDI System, VeraCore, or any of Advantive's other specialty platforms, the relevant product team checks technical statements about features, deployment, and current capability before the article goes live.

  • External statistics cite their source inline.

    When an article references industry survey results, regulatory benchmarks, or third-party research, the source is linked at the point of citation. Statements without an inline source link are first-party observations drawn from Advantive's product teams or customer base.

  • Publication and revision dates stay visible.

    The original publication date and the most recent revision date are both shown on every article. Topics that change quickly — AI capabilities, regulatory rules, product roadmaps — are revisited on a tighter cadence than evergreen reference content.

  • Corrections are issued openly.

    If a factual error is reported, the article is updated, the revision date advances, and material corrections are noted at the bottom of the article so readers can see what changed and when.

Found something wrong, or have a citation to add? Get in touch with the editorial team and we'll review it.

Subject-matter review

Reviewed by subject-matter experts

Advantive is a portfolio of 14+ specialty software platforms — each one built and maintained by a product team that has spent years inside a specific manufacturing or distribution discipline. Articles in technical channels are reviewed by the relevant team before publication.

  • Quality & SPC content

    Reviewed by the InfinityQS, WinSPC, and PQ Systems product teams — the platforms behind statistical process control, capability analysis, and gage management deployments across food, automotive, pharma, and CPG manufacturers.

  • Manufacturing operations & MES content

    Reviewed by the PINpoint, ProPlanner, ParityFactory, and VIA Information Tools teams, whose platforms run production scheduling, traceability, and shop-floor execution for discrete, automotive, and food-and-beverage manufacturers.

  • Packaging & converter content

    Reviewed by the KiwiPlan, Abaca, and AdvantZware teams, who build software specifically for corrugated, folding-carton, and packaging-converter operations.

  • Distribution, ERP & B2B commerce content

    Reviewed by the DDI System (inFORM ERP), Distribution One, VeraCore, Pepperi, and Commerce Vision teams, whose platforms run wholesale ERP, fulfillment, field sales, and B2B portals for specialty distributors and 3PLs.

Are you a practitioner with domain expertise to contribute? Get in touch — we accept guest contributions from operators in the industries we serve.