Collaborative inventory-management strategies can reduce inventory levels throughout a value chain, the IW survey results indicate. However, the effectiveness of a given strategy varies from industry ...
The success of a supply chain business often relies on the effectiveness of its inventory strategy. Without a strong plan in place, companies may run shortages or end up with surplus inventory on hand ...
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 ...
For the small independent retailer, successfully managing inventory is one of the biggest keys to running a profitable and sustainable business. Unlike big-box stores, we often don’t have the cash ...
Today’s consumers are demanding a consistent omnichannel retail experience. They’re browsing and buying in brick-and-mortar stores, via mobile devices, on e-Commerce web sites, and sharing their ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. In March 2024, the world’s largest international shippers, carriers and freight forwarders ...
Fearful of cautious consumers this holiday season, retailers may be setting themselves up for failure in the critical Q4 period by keeping inventories too lean. Recent surveys Retail System Research ...
Not a subscriber? Apply online today. As firms deploy their inventories across multiple continents to serve growing markets, the costs of transportation and the direct impact of transportation modal ...
Merchants are embracing the balance of physical and digital retail with stores-in-stores, pop-ups, and even brick-and-mortar locations opened by e-commerce brands. But managing inventory in two ...
Perishable inventory demands attention. Specific inventory-tracking methods help with the job of managing and accounting for perishable inventory. Perishable refers to items that have an expiration ...
Chart of the Week: Inbound Ocean TEUs Volume Index – USA, Logistics Managers’ Index – Warehouse Utilization SONAR: IOTI.USA, LMI.WHUT Imports and inventory levels have declined this fall, potentially ...