In industries such as retail, success depends on management's ability to make or buy the right amount of inventory and to move that inventory through the distribution system as quickly as possible.

Why did nearshoring fall short after the pandemic, while inventory buffering and regional warehousing reshaped global supply ...

Amidst reporting that manufacturing firms are stockpiling intermediate inputs before potential tariffs and threats of a second East and Gulf Coast port strike, it’s important to emphasize that chronic ...

In the intricate and highly regulated world of food and beverage manufacturing, the right software can be one of the cornerstones of success. Food manufacturing software, encompassing ERP (Enterprise ...

LONDON--(BUSINESS WIRE)--The global pharmaceutical manufacturing industry has been growing at a steady pace. However, it is still plagued with various challenges. Issues such as meeting global quality ...

Inventory management has always been a critical component of the manufacturing process. However, in the modern business landscape, its importance has grown exponentially. The demands of the modern ...

A robot mounts a windshield on a Mercedes Benz A Class on the assembly line at the Daimler AG factory in Rastatt, southwestern Germany, on February 4, 2019. THOMAS KIENZLE/AFP/Getty Images I have to ...

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.

Businesses that produce their revenues by selling products to customers must obtain those same products by purchasing them or by making them from raw materials. In both cases, businesses record ...

An effective inventory management system starts with analysis and design. The more thorough the analysis and the more care you take in developing the design, the fewer problems you'll have running and ...