Inventory is a major asset on a small business's balance sheet and can tie up the often-limited capital resources for various periods. Effective inventory management control requires businesses to ...

This spring, American Eagle Outfitters announced a $75 million inventory write-down and withdrew its fiscal guidance for 2025, citing macroeconomic uncertainty and operational challenges. The retail ...

Not a subscriber? Apply online today. Inventory management takes both planning and execution. For decades, execution has relied on bar code data collection and wireless, system-directed material moves ...

Inventory management systems are designed to monitor product availability, determine purchasing schedules and cycle out obsolete or unsold product. The availability of product is just one way in which ...

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 ...

Lean management programs are no longer restricted to a narrow segment of manufacturing companies. A wide range of medium-sized and large companies from different industries have deployed, to varying ...

Inventory management has been anything but simple over the last three years. A global pandemic, labor shortages and product recalls, among other factors, have led to the so-called “bullwhip effect,” ...

Inventory management is now considered a prime candidate for automation as manufacturers target opportunities to reduce costs, accelerate product delivery and make the most out of experienced talent.

What Is Enterprise Inventory Management? At the enterprise level, inventory management is the process of overseeing a company’s inventory levels. This includes ordering, storing, using and selling ...