5 inventory tools to help with inventory control and management

5 inventory tools to help with inventory control and management

With the right inventory tools, small and mid-sized businesses can effectively manage their inventory Inventory management continues to play a critical role in the success of an organization. However, because of the domino effect businesses have on the overall economy, recently “unsold inventory created a big drag on the economy”. According to NRF Chief Executive…

The inputs and outputs of supply chain and inventory management

The inputs and outputs of supply chain and inventory management

Supply chain management is a critical component of product-driven businesses. For successful supply chain management, understanding the four stages: purchasing, inventory control, order fulfillment, and customer satisfaction is key. An optimized supply chain can lead to better purchasing practices, stronger inventory control, and accelerated order fulfillment – yielding happier, loyal customers. Watch the following short…