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One of the biggest challenges retailers face is an excess of inventory, brought on by a change in consumer spending habits as they grapple with historically high inflation and a slowing economy.
Guess? Inc. reported a 15% inventory increase due to supply chain disruptions, with plans to streamline operations and reclaim cash flow.
A Michigan House Subcommittee hearing Tuesday will focus on $1 million of missing alcohol from the Liquor Control Commission.
The Vermont Cannabis Control Board (CCB) hosted a peer networking event in April to help licensed operators better understand inventory tracking responsibilities. The Compliance and Enforcement ...
As technology evolves, fleet managers must remain agile and forward-thinking in their inventory strategies.
By combining human expertise with data-driven insights, businesses can make informed decisions, improve inventory management, and ultimately boost customer satisfaction. Predicting the Demand of Spare ...
In today’s rapidly evolving business world, the difference between thriving and merely surviving often boils down to effective inventory management.
It was devised in the 1970s, but the just-in-time (JIT) inventory control method is now used in businesses from burger joints to on-demand publishing.
Achieving equilibrium between cash flow and inventory demands meticulous planning from business owners. The average wait for payment from clients has stretched to about 29 days.
See how two different power flow control solutions can work together to provide dynamic power flow control capability.
Two-bin inventory control provides a method by which companies are internally flagged when items they need for production are running low. Here’s how it works.
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