Warehouses, retail floors, logistics hubs and healthcare facilities all have one thing in common: speed and accuracy matter. When inventory tracking slows down or scanning errors creep in, costs rise ...

It might seem basic or even obvious, but managing your inventory is an integral part of an efficient dental practice. However, as basic it seems, inventory management is often not addressed until it ...

An inventory manager must be able to develop an effective inventory control system to manage customer demand. The demand for the product will control inventory costs, carrying costs, ordering costs ...

An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

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 ...