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 ...

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.

Two companies within the Wakefern supermarket family are now rolling out the Simbe Tally AI and robotics system to capture data from store aisles related to shelf-stock levels, locations and pricing ...

For decades, the retail industry has faced the same persistent problems of empty shelves, pricing errors and inventory discrepancies. Despite having spent billions of dollars on data analytics and ...

If you work in retail, inventory review is a must. You need to know how much inventory you have so you know when and what to reorder. Accurate accounting also needs inventory counts so you can ...