Discover what inventory means, its essential types like raw materials and finished goods, and strategies for effective inventory management to enhance your business’s efficiency.

From a pandemic-induced supply shock to a ship stuck in the Suez Canal, the past few years severely put the traditional Just-in-Time (JIT) approach to inventory under strain. Given the impossibility ...

For facilities that take the time upfront to properly load their systems, valuable case costing insight can help managers determine whether a case makes financial sense. With data in hand, managers ...

Inventory management can provide significant operational benefits for power companies. From forecasting, fueled by real-time data, to automated replenishment and supply chain continuity, digital ...

For companies of all sizes and across all industries, cash is not only crucial—it’s king. It sounds simple: In order to survive, businesses must ensure that payments aren’t going out faster than ...

The Jamaica Business Development Corporation (JBDC) is urging entrepreneurs to practise effective inventory management to increase profits. The conversation came as the final in the series on ...

The EH&S department maintains a campus chemical inventory for regulatory, safety and informational reasons. The methods of data collection include chemical inventory at central receiving, delivery of ...