An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

Inventory is the most valuable asset in a large number of small businesses, and it can also be one of the most difficult assets to keep under control. Theft, administrative errors, physical damage and ...

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 ...

ERP systems with built-in bar code interfaces make keeping track of inventory a snap. In a manufacturing environment companies are always looking to increase efficiencies, reduce waste, shorten lead ...

The past couple of years have taught retailers to be prepared for unexpected changes in customer demand and product supply. However, they have also highlighted the challenges retailers face when ...

Hospitals depend on their supply chains for critical medications, medical equipment and a host of other items that keep operations running smoothly and ensure patients get the best possible care.

Tom Wicky is the co-founder and CEO MyFBAPrep, a global warehouse network that serves top Amazon sellers and enterprise brands. Inventory and supply chain are two of the main gears that allow the ...

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 ...

(Control Data Systems, Inc., Arden Hills, MN) Control Data Corporation (CDC) was one of the first computer companies. Founded in 1957, Bill Norris was its president and guiding force. Its first ...