Industry News

Plagued by stock-outs and poor inventory visibility? Here are a few practical best practices and technologies that can significantly improve inventory management inside today’s rapidly evolving warehouse and DC operations. If the notion of folding flying drones into your warehouse inventory management approach sounds far-fetched, think again. In...

Warehouse management is always evolving, and companies must keep up with new happenings in the industry if they hope to outlast their competitors. The following are three major supply chain management trends that are helping companies meet their logistical challenges: 1. The World of IoT More than ever...

What is 'Inventory Management' Inventory management refers to the process of ordering, storing and using a company's inventory: raw materials, components and finished products. BREAKING DOWN 'Inventory Management' A company's inventory is one of its most valuable assets. In retail, manufacturing, food service and other inventory-intensive sectors, a...