Supply chain inventory management combines the use of inventory management software, personnel and procedures to maintain inventory control throughout the supply chain.
Supply chain management is a critical component to 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. I’m Dakota May, Sales &…
As you explore the possibilities and benefits of inventory management, you may be wondering, “What should be included in an inventory information system?” Good question. An inventory information system is the combination of inventory management software and inventory management processes & procedures to connect, track and manage the flow of goods, activities, information and resources across a business. So, an…
![History of logistics and supply chain management [Infographic]](https://acctivate.com/wp-content/uploads/2012/08/Logistics-and-Supply-Chain-Management-History-768x312.jpg)
Ever wonder about the term “Supply Chain Management” and how it originated? This Logistics and Supply Chain Management History Infographic from SCM Operations provides a quick overview of the history and evolution of the supply chain management industry.