Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...

Managing inventory across multiple sales channels gets complicated fast. When you''re selling on Amazon, eBay, Shopify, and a ...

After several tumultuous years of pandemic-driven supply chain disruptions, many businesses report that the tide is beginning to turn. Although significant uncertainty remains, price increases have ...

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 ...

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 ...

Strategic sourcing, a critical aspect of supply chain management, involves a systematic and fact-based approach to optimizing an organization’s supply base and improving the overall value proposition.

In healthcare, inventory management has traditionally been a back-office function. One that is necessary but seldom strategic. The phrase "materials management" reinforces that mindset. It brings to ...