In a time of extreme unpredictability, companies need to centralize inventory control. It’s imperative to drive agile decision-making by consolidating data across the network, employing advanced ...

Inventory management is critical if you want your business to operate efficiently and transparently. However, far too many businesses still make fundamental mistakes that unnecessarily compromise ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Effective inventory management is vital for any ...

If tossing spoiled products into the dumpster and paying suppliers’ restocking fees is costing your business money, here’s how to polish your inventory management approach and operate more sustainably ...

IBM announced the launch of IBM Sterling Inventory Control Tower to further help companies manage inventory and build resilient supply chains. IBM Sterling Inventory Control Tower is enabled with AI ...

Have you ever found yourself scrambling to find out which products are running low or when your next shipment is due? Managing inventory can be a daunting task, especially if you’re relying on ...

There’s no magic formula for knowing how much inventory to carry, but there are best practices and calculations to follow. Many, or all, of the products featured on this page are from our advertising ...

To start, we all need to agree that tick marks on a sheet of paper, while seemingly accurate, do not provide real averages or anything close to inventory control. Using an average number of units per ...

Inventory has been managed predominantly over enterprise resource planning (ERP) systems over past couple of decades. The widespread adoption of ERP systems ranges from multinational corporations to ...

Background At Apex Tools (fictional name), a mid-sized supplier of specialized mechanical components, inventory management and safety concerns had long been interwoven issues. As demand surged, ...

The plant control system knows more about inventory consumption than any other enterprise intelligence system. After all, it’s the plant that consumes the inventory. At Eastman Chemical Co., in ...

Inventory financing is a good option for product-based businesses that may not be able to qualify for other loan options. Many, or all, of the products featured on this page are from our advertising ...