Have you ever found yourself scrambling to find out which products are running low or when your next shipment is due? Managing inventory can be a daunting task, especially if you’re relying on ...

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 ...

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 ...

Effective inventory management is among the clearest measures of a business’s success — and one of the biggest challenges that supply chain teams face. The pandemic served as a stark reminder of how ...

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, ...

Michael Amori is CEO and cofounder of Virtualitics. A data scientist and entrepreneur with a background in finance and physics. At the core of modern logistics and inventory management lies a web of ...

Supply chain inventory optimisation and safety stock management are pivotal in ensuring both the efficiency and resilience of modern supply chains. By strategically balancing inventory levels against ...

Inventory management is now considered a prime candidate for automation as manufacturers target opportunities to reduce costs, accelerate product delivery and make the most out of experienced talent.