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 ...

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Inventory systems vary greatly in their individual design, feature set and operations, but they all share one common trait-to make the counting, tracking and recording of inventory movements easier.

Editor’s Note: Tracey Smith is an internationally recognized business author, speaker and analytics consultant. She is the author of multiple books and hundreds of articles. Tracey has worked with and ...

An itemized list or catalog of the stock of a business There’s more to inventory control than simply buying new products. You have to know what to buy, when to buy it and how much to buy. You also ...

An inventory management system supports the activities of purchasing product, reading sales results and on-hand inventory and liquidation of product for ecommerce, retail and omnichannel companies. If ...

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 ...

Supply-chain leaders everywhere are redefining what it means to achieve "resilience" — and it's growing beyond stockpiling and risk response. In the wake of the COVID-19 pandemic and other disruptions ...