For the small independent retailer, successfully managing inventory is one of the biggest keys to running a profitable and sustainable business. Unlike big-box stores, we often don’t have the cash ...

Inventory is not a static line on a balance sheet. It is the living pulse of resilience across the enterprise. Yet many ...

Collaborative inventory-management strategies can reduce inventory levels throughout a value chain, the IW survey results indicate. However, the effectiveness of a given strategy varies from industry ...

In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...

For most of the history of retail, the physical market structure drove sales volume. Top retailers were easy to identify by the number of locations and the retail was managed largely at the store ...

As Amazon’s multi-fulfillment-center strategy continues to put pressure on multichannel merchants, having an effective inventory management strategy to maximize sales, profits and customer service ...

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 ...

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, ...

Whether you’re a retailer, manufacturer, dealer, wholesaler, distributor, or restaurant owner, inventory is a critical asset in your business. Because inventory is so important, many owners feel ...

An inventory strategy is a day-to-day methodology to follow for ordering, maintaining and processing items in your warehouse. For a small operation, inventory management is a fairly straightforward ...

Inventory management is a system used to oversee the flow of products and services in and out of an organization. A company may decide to incorporate one key inventory management technique or combine ...