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

Organizations that correctly and thoroughly apply inventory optimization techniques can typically reduce inventories by up to 50% while improving or maintaining service levels. And yet the sad truth ...

LONDON--(BUSINESS WIRE)--Quantzig, a leading analytics advisory firm that delivers customized analytics solutions, has announced the completion of its free resource on inventory optimization and its ...

Discover how Achyutha Mohan transformed Grainger's inventory planning, enhancing operational efficiency and service levels ...

Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side. Now, companies have a different problem. They have ...

Forbes contributors publish independent expert analyses and insights. I cover the impact of AI and Machine Learning on the supply chain. Supply chains are under siege by an undeniable force: change.

Companies today face an ongoing balancing act as they try to: • carry enough inventory to respond quickly to customer demand and minimize transportation costs; and • minimize investment in inventory, ...

Inventory management starts — and only starts — with a warehouse management system (WMS). As most warehouses have used this technology for years, it stands to reason this technology should be plug-and ...

Small business accountants can use one of four distinct inventory costing methods to account for the cost of goods sold. Different inventory costing methods are best suited to different situations and ...