In its most basic description, inventory management is control over the flow of units into and out of a stock of goods. Inventory management is critical in manufacturing environments, as an ...

Increases in used-car supply don't mean that dealers can rest on their laurels when it comes to inventory management. In fact, Robert Granados, of Dealertrack Technologies, says dealers will actually ...

Understanding the cost of your inventory isn’t just about keeping numbers straight; it’s about gaining insights that drive profitability, improve operational efficiency and enhance decision-making.

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization ...

Editor’s Note: Tracey Smith is an internationally recognized business author, speaker and analytics consultant. She is the author of multiple books and hundreds of articles. Tracey has worked with and ...

Whether you are starting a new company or maintaining a current business, you must find a way to keep enough inventory on hand to satisfy your customers' needs. At the same time, you don't want to ...

Epilon, LLC posts their first educational video titled "The Reorder Point (Basic)" by Michael Weir, founder of Inventory Boss, for ecommerce sellers. I am happy to share 'The Reorder Point (Basic)' ...

Consumers and retailers alike know how frustrating stockouts can be. But solving the out-of-stock problem isn’t as simple as carrying more inventory. Retailers run the risk of overstocking, with ...

Emerging ecommerce brands are often still in the early stages of establishing valuable long-term relationships with customers. Out of fear of putting these fragile relationships at risk, it can be ...

Industry 4.0 is not just about automation. It’s about smart systems that sense, adapt, predict and act in real time. One example is inventory control, which was once a centralized back-office function ...

In healthcare, inventory management has traditionally been a back-office function. One that is necessary but seldom strategic. The phrase "materials management" reinforces that mindset. It brings to ...