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 ...

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 ...

Ahead of next week’s NADA Show 2023 in Dallas, vAuto is introducing enhancements to its flagship inventory management solution, ProfitTime GPS, which can help dealers achieve “superior” profitability.

The pandemic stressed the need for fleet managers to balance adequate stock with avoiding excess inventory. Ongoing issues like volatility and rising tariffs require fleet managers to stay informed on ...

Collaborative inventory-management strategies can reduce inventory levels throughout a value chain, the IW survey results indicate. However, the effectiveness of a given strategy varies from industry ...

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 ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

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 Q&A with Cardinal Health and Becker’s Hospital Review, Joe Walsh, founder of Supply Chain Sherpas, discussed how supply chain leaders can best prepare for the 2022. Walsh weighed in on combating ...

At Apex Tools (fictional name), a mid-sized supplier of specialized mechanical components, inventory management and safety concerns had long been interwoven issues. As demand surged, materials flowed ...