In a time of extreme unpredictability, companies need to centralize inventory control. It’s imperative to drive agile decision-making by consolidating data across the network, employing advanced ...

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 ...

Delivering reliable product supply from a complex network of suppliers and service providers has only become more difficult in recent years with market challenges such as supply constraints and risk, ...

Some people might say that a retail store is only as good as its inventory. Ample inventory generates business and keeps customers coming back for more, especially when a store sells essentials like ...

Opinions expressed by Entrepreneur contributors are their own. Inventory management is a balancing act. Too many of these and too few of those and suddenly your bottom line is shrinking and there’s ...