Creating an inventory database provides you with a variety of useful data that goes well beyond listing what you have in stock. Having detailed inventory reports helps you spot trends, maintain ...

Forbes contributors publish independent expert analyses and insights. I cover the impact of AI and Machine Learning on the supply chain. In today's manufacturing and supply chain environment, a ...

The pandemic stressed the need for fleet managers to balance adequate stock with avoiding excess inventory. Ongoing issues like volatility and rising tariffs require fleet managers to stay informed on ...

The inventory turnover ratio shows how efficiently a firm has used its inventory. This is important in a small business, where storing excess inventory can be an unwanted burden and cost. Calculate ...

An "inventory efficiency index" created by software company Cloud Theory can tell manufacturers exactly how well their vehicles are selling in real time. The index allows automakers to view supply and ...