Anne Embrey, vice president of fulfillment operations for Replacements Ltd., said her company maintains too much aged inventory with about 4% of orders being categorized as ‘problem’ orders. Embrey ...

Avoiding excessive inventory carrying costs requires maintaining accurate inventory records. One of the most efficient ways to maintain that accuracy is by ...

Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls (NYSE: JCI), today announced a new technology collaboration that can redefine inventory accuracy and management ...

Storing inventory is costly to a business. It takes up storage space, must be insured, may be stolen or damaged, may become obsolete before it is sold and may require refrigeration or increase utility ...

Challenge: A medical supply manufacturer faced challenges related to inventory and shipping accuracy KPIs. Solution: GEODIS selected this client as the pilot for the Predictive Analytics Cycle ...

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Taylor Logistics is a full-service, third-party logistics (3PL) company that offers various services including warehousing, transportation, and more to help optimize supply chain management. Their ...

Decision rules for inventory control are designed to eliminate the uncertainty related to the prevailing economic environment. Businesses of all sizes must have positive control over inventory to ...

If you’re an e-commerce pro or small business owner, improving your inventory management can help you identify opportunities to free up limited capital. Beyond capital allocation, correct inventory ...

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 ...

Learning how to manage inventory efficiently is critical to any business that sells physical goods. From timely ordering of supplies to tracking and storage, any mistakes can directly impact your ...

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.