Not a subscriber? Apply online today. Inventory management takes both planning and execution. For decades, execution has relied on bar code data collection and wireless, system-directed material moves ...

Inventory management software provides automation tools for repetitive, but crucial, tasks in running any type of business. If you’re running a small business and tracking inventory by hand or in ...

Inventory management has been anything but simple over the last three years. A global pandemic, labor shortages and product recalls, among other factors, have led to the so-called “bullwhip effect,” ...

Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...

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 ...

Achieving equilibrium between cash flow and inventory demands meticulous planning from business owners. The average wait for payment from clients has stretched to about 29 days. With that type of ...

One of the best ways to improve your company’s finances is to practice better inventory management. Inventory management is a crucial part of your operational approach. How you choose to implement and ...