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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...