A second edition of Jon Schreibfeder's book Achieving Effective Inventory Management is available from the National Association of Wholesaler-Distributors (NAW) through the web site www.nawpubs.org.

Regardless of the type of business you own, inventory control within your facility is extremely important. Inventory moves when deliveries are made to customers, orders are received, transfers are ...

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 ...

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 ...

Inefficient supply chain management and inventory management causes retailers worldwide to lose more than $1.8 trillion annually. Even though offline retail accounts for the majority of this number, ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Michael Boyle is an experienced ...

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 ...

Inventory management is the process of tracking where your products are at all times and when to order more. These techniques can improve your inventory management process, independent of software.

If tossing spoiled products into the dumpster and paying suppliers’ restocking fees is costing your business money, here’s how to polish your inventory management approach and operate more sustainably ...

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 software should keep multi-location stock accurate, automate reorders, flag exceptions, and plug cleanly into your POS/ecommerce, accounting, and 3PL tools. Use this guide to match the right ...

Inventory management software provides automation tools for repetitive, but crucial, tasks in running any type of business. If you’re running a small business and tracking inventory by hand or in ...