As a business person, you don't want a situation where your stock level either exceeds or is way less than the customer demand. The merchandising process should be optimized in such a way that the ...

One of the lessons every seller learns quickly is that good inventory management is the key to a healthy bottom line. The disparity between consumer demand and inventory levels leads to a whole host ...

Inflation is causing weakened demand. Businesses such as Microsoft and Google are preparing for an economic downturn. It is difficult not to react by drastically reducing inventories, and it is hard ...

Efficient spare parts inventory management can help reduce downtime in your fleet due to challenges like shortages, out-of-stock parts, lengthy repairs, and more. Poor inventory management can leave ...

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 ...

Companies are struggling to maintain the right inventory. Pandemic-era supply chain disruptions and volatile consumer demand led many companies to shore up inventory in 2021, while soaring container ...

California supermarket chain Stater Bros. is rolling out an AI-powered ordering solution from Afresh in the produce department at all 169 of its stores following a successful pilot. By replacing its ...

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 ...

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 ...

As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...