An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

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.

Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...

An inventory manager must be able to develop an effective inventory control system to manage customer demand. The demand for the product will control inventory costs, carrying costs, ordering costs ...

Inventory tracking systems have developed a lot over time. Many years ago inventory tracking systems consisted of manually writing down each inventory transaction on a file card known as a cardex.

Queueing-Inventory Systems represent a critical integration of queueing theory and inventory management, merging the stochastic nature of customer arrivals and service times with the practical ...

Inventory for eCommerce and other types of businesses is crucial, and keeping track of it is even more important. Thankfully, we have Microsoft Excel that will enable you to manage your inventory ...

How connecting your enterprise resource planning and manufacturing execution systems eliminates manual data entry, reduces errors and transforms operations with real-time visibility. ERP-MES ...