Inventory planning and control are functions relating to inventory management. Business owners pay close attention to inventory as it usually represents the second largest expense in their businesses.

Inventory planning encompasses several parts of your company's logistics and operational capabilities. Accounting gets involved with monitoring and paying for inventory, the warehousing and logistics ...

In today's volatile business landscape, building a resilient supply chain is crucial for organizations across industries. An essential aspect of this resilience lies in effective demand and inventory ...

Uncertainty was beyond question a certainty the last 18-24 months in a global market besieged by the onslaught of COVID-19, which is still hugging the corners of society. However, there were several ...

I have long been puzzled by inventory policies that cause four-color titles to be printed in three-to-six-month quantities when every calculation I’ve ever seen suggests that printing 12–15 months’ ...

When Amazon launched its free same-day delivery service in 2015, the question immediately arose: Would this buy customer loyalty? Ultimately, yes. Then consumers began to wonder what that meant for ...

Editor’s Note: Tracey Smith is an internationally recognized business author, speaker and analytics consultant. She is the author of multiple books and hundreds of articles. Tracey has worked with and ...

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 ...

The apparel brand is cutting stock levels as its supply chain speeds up, and as new planning and allocating systems come online. Like many in the apparel and retail world, Guess is trying to get more ...