Companies that manufacture and sell tangible goods, or resell products from other firms, must track and manage potentially hundreds of thousands of units of inventory. Using systems to control ...

An inventory management system, also known as an inventory control system, is usually a software application that tracks every aspect of the items your company keeps in stock to sell. It can assist ...

Automated storage and retrieval systems (AS/RS) are inventory management systems that are widely used in manufacturing facilities, distribution centers, and warehouses throughout the United States and ...

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 ...

Material requirements planning (MRP) is a computer-based inventory management system designed to assist production managers in scheduling and placing orders for items of dependent demand. Dependent ...

HashMicro reports that leading enterprises are increasingly adopting inventory platforms that combine real-time stock monitoring, automated reordering, low-stock alerts, expiry tracking, internal ...

Inventory management can provide significant operational benefits for power companies. From forecasting, fueled by real-time data, to automated replenishment and supply chain continuity, digital ...

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 ...

Managing technology assets grows more challenging as organisations accumulate devices, software, and digital services. Many businesses still rely on outdated spreadsheets or paper records—approaches ...