Properly managing inventory requires a system of some sort. It doesn't matter if the system consists of writing inventory levels on the back of an envelope or using the most sophisticated radio ...

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.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

After barcodes were put into use more than 50 years ago, the technology revolutionized the grocery business. The technology also revolutionized nearly everything else in the supply chain and logistics ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...

The warehouse is usually a central component of getting products into customers' hands and keeping them happy. Without thoughtful organization, you risk delaying delivery to customers and creating an ...