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 ...

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 ...

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 ...

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

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 ...

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, ...

Retail inventory management is the backbone of a successful in-store shopping experience. Whether you're running a boutique, a multi-location chain, or a hybrid e-commerce retail business, the ability ...

Effective inventory management is one of the most important aspects of supply chain efficiency at ambulatory surgery centers. By staying on top of their inventory, ASCs can reduce unnecessary expenses ...

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 ...

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 ...

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 ...