Amidst the recent continued economic volatility, C-level executives’ focus has shifted from revenue growth to profitable growth, and hence global supply chain performance has gained a great deal of ...

Distribution center storage and inventory control may not seem like the sexiest parts of a multichannel business. But unless you have the product in stock — and your warehouse workers can get to it ...

Inventory systems can make or break your business, and effective controls help provide visibility as to what you have, what you need, what you don’t need and costs. But bad procedures can lead to ...

A company's inventory management policies determine how the company manages the movement of inventory under its control. Every company has a different philosophy on inventory management that guides ...

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 ...

Proper inventory management is the backbone of successful businesses, preventing stockouts or excess stacks. It ensures a smooth supply chain, providing materials for operations. This critical ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. If your small business stores the goods you sell in a ...

Maintaining appropriate inventory levels has always given manufacturers fits. They wage war against carrying too much costly product with tools such as lean manufacturing, which aspires to keep ...

Lez a Lez, a Brazilian retail franchise headquartered in the city of Asuncion, Paraguay, has adopted radio frequency identification technology to control everything from the receipt of goods and ...