Improved approaches for tracking and monitoring status of articles are disclosed. The monitoring can produce notifications to interested parties. The notifications typically contain status information pertaining to the articles being tracked. Alternatively, interested parties can gain access to status information pertaining to the articles being tracked via a website. According to one embodiment, the status information includes at least position (location) information and shipping conditions information. Also disclosed are improved approaches for monitoring real time status information impacting inventory management of a company and/or its partners. Adverse changes in the status information of specific items can be identified in real time, and changes implemented as needed.