Manufacturing Execution System (MES) software can be a powerful tool for controlling all aspects of manufacturing, including inventory management. It does a phenomenal job of reaching into processes ...

Inventory management systems are central to how companies track and control inventories. Having the ability to measure inventory in a timely and accurate manner is critical for having uninterrupted ...

Think of inventory turns as a measure of how well a company’s products are doing in the market and how well its inventory is managed. The term basically captures the number of times per year ...

Knowing just how much inventory is enough for current or projected sales can be a daunting task for any business. Too much on-hand inventory can cut into profits, and too little inventory may mean ...

IKEA, the popular low-cost Swedish furniture retailer, is now turning to drones to help streamline inventory management. In a blog post, the company announced that it has passed 100 autonomous drones ...

Dr. Cyrus Hadavi is the CEO of Adexa, a leading AI-powered supply chain planning company with Fortune-class clients in five continents. Zero inventory may reduce overall cost, but it may decrease ...

An inventory management system supports the activities of purchasing product, reading sales results and on-hand inventory and liquidation of product for ecommerce, retail and omnichannel companies. If ...