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.

There is little more frustrating than having a truck down and not having the parts on hand to fix it. The breadth and depth of your parts inventory and the way you manage that inventory are critical ...

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 ...

Inventory-to-sales ratios are at historic lows, stockouts are at historic highs, and workforce issues are widespread. Gaining visibility into your supply chain, including your own operations, is ...

An inventory management system can make or break your small business performance. Products and services that depend on raw materials, parts and other supplies need consistent inventories to operate ...

Just-in-Time (JIT) inventory management is a system designed to plan purchasing so parts arrive in the shop just in time for production. JIT was developed in Japan in the 60s and 70s. It started at ...

Inventory management is more than simply knowing what's left in the warehouse. Today these systems track the warehouse, a product's shelf life, and even your customers' experience. We test top players ...

Material requirements planning (MRP) is a computer-based inventory management system designed to assist production managers in scheduling and placing orders for items of dependent demand. Dependent ...

University of Tennessee, Knoxville researchers are developing an AI agent for the U.S. Department of Defense to manage parts ...

The Journal of the Operational Research Society, Vol. 66, No. 2 (FEBRUARY 2015), pp. 331-341 (11 pages) We address the problem of how to determine control parameters for the inventory of spare parts ...