Due to the global disruption of the pandemic, heated discussions persist around moving from “lean” supply chains that only focus on cost and efficiency, to more resilient and agile supply chains that ...

Inventory includes raw materials, partially finished goods and finished goods. A retail business may have finished goods awaiting shipment, while a manufacturing business may have raw materials and ...

Companies have used the retail method of inventory accounting for many years. According to the Committee on Ways and Means, the retail inventory method has been the best accounting method since 1941.

Jeff is a writer, founder, and small business expert that focuses on educating founders on the ins and outs of running their business. From answering your legal questions to providing the right ...

Inventory classification and optimisation techniques are pivotal in modern supply chain management, offering structured approaches to managing diverse inventory portfolios. Traditional methods such as ...

LONDON--(BUSINESS WIRE)--Quantzig, a global data analytics and advisory firm, that delivers actionable analytics solutions to resolve complex business problems announces the completion of its FREE ...

AUSTIN, Texas--(BUSINESS WIRE)--E2open today announced the publication of its 2018 Forecasting and Inventory Benchmark Study, an in-depth analysis of the state of demand and inventory management that ...

I'm a history buff, and that comes in handy when looking at the problems of inventory optimization. The whole idea of getting inventory to the right distribution center at the right time bears a ...

Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices. I like to think of inventory accounting like ...

Inventory optimization is a phrase much used and abused. But ask a supply chain professional, let alone another senior executive, how close to optimal their inventories are and you will either get ...