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 ...

Multiple inventory control methods exist including aggregate control, item level control, ABC analysis, economic-order-quantity and lot-size methods. Small companies that find it difficult to ...

Inventory includes the raw materials used by manufacturers in production or the resale goods distributors and retailers acquire to sell to their customers. Proper accounting of inventory is important ...

Analyst insight: Inventory “right-sizing” has forever been tied to business profitability. Today’s endless-aisle mentality requires inventory solutions that understand customer preferences and deliver ...

Companies are struggling to maintain the right inventory. Pandemic-era supply chain disruptions and volatile consumer demand led many companies to shore up inventory in 2021, while soaring container ...

It is not unusual to observe businesses of all kinds taking the view of their supply chain and manufacturing networks as a necessary evil. In most if not all cases, the externally facing ...

Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...

The “most important” item in inventory is the one that you think you have, but discover is out of stock and unavailable. For manufacturing operations, managing inventory is no less important to the ...

The requirements for retail success don’t get much more basic than the ability to accurately forecast customer demand. Even a mom-and-pop bodega should be able to gauge how many people will order a ...

TALLINN, Estonia--(BUSINESS WIRE)--Katana Technologies, a fast-growth inventory software solutions for small and medium-sized businesses (SMBs), today announced the launch of its Inventory Planning ...