36th Annual State of Logistics Report: Navigating uncertainty amid rising costs and global disruptions The 36th Annual State of Logistics (SoL) Report highlights a logistics market tested by economic ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Anita Raj Back in 2021, ...

Inventory management is the core of supply chain management, comprising all processes necessary to trace inventory levels, monitor stock movements, and efficiently fulfil customer orders. The primary ...

The bigger your business gets, the tougher it’ll be to manage your spare parts. You’ll soon lose your grip on how many spare filters and bolts you have, and your work orders will take a hit. This is ...

In a time of extreme unpredictability, companies need to centralize inventory control. It’s imperative to drive agile decision-making by consolidating data across the network, employing advanced ...

Kohl’s financials tell the story of why the company is making changes to the flow of product through the business. Sales were down more than 7% for both Q4 and the full year, and operating profit fell ...

In hardware businesses, managing inventory is a critical yet challenging task. With a wide range of products such as tools, machinery, spare parts, and construction materials, maintaining accurate ...

Rising levels of inventory, particularly in some areas of the retail sector, could warrant some worries about an economic slowdown if it weren’t for the fact those inventory levels are being managed ...

Imagine walking into your favorite clothing store in search of a pair of pants that you saw online. You made the three-mile drive to the shopping center and braved the crowds only for the pants to be ...

Effectively managing maintenance, repair, and operations (MRO) inventory is one of the many significant challenges for asset-intensive enterprises. Companies often seek MRO improvements through a ...

Have you ever found yourself scrambling to locate stock details or manually tracking inventory across endless spreadsheets? For many businesses, inventory management feels like a juggling act, one ...

What Is Enterprise Inventory Management? At the enterprise level, inventory management is the process of overseeing a company’s inventory levels. This includes ordering, storing, using and selling ...