Discover what inventory means, its essential types like raw materials and finished goods, and strategies for effective inventory management to enhance your business’s efficiency.
Fleet managers are rethinking inventory strategies as supply chain volatility and tech innovation reshape parts management.
Inventory management has decisively moved out of the back-office and into the boardroom. In 2025, CEOs and CFOs routinely ...
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 ...
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 ...
As global supply chains continue to strain under trade tensions, natural disasters and pandemics, researchers at UBC Okanagan ...
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 ...
As Amazon’s multi-fulfillment-center strategy continues to put pressure on multichannel merchants, having an effective inventory management strategy to maximize sales, profits and customer service ...
With the U.S. government’s stance on tariffs resembling a game of seesaw, yet with the net effect likely to push vehicle prices higher, automotive dealers who already understand the importance of ...
Ahead of next week’s NADA Show 2023 in Dallas, vAuto is introducing enhancements to its flagship inventory management solution, ProfitTime GPS, which can help dealers achieve “superior” profitability.
Q3 2025 Management View Ben Palmer, President and CEO, stated that third quarter sales rose 7% year-over-year, marking "the first quarter of year-over-year growth in over 2 years," and attributed this ...
When properly identified and diligently managed, capacity and utilization are the North Star for navigating a strategic growth plan. Without attention to and understanding of these two elements, ...