Inventory Management Archives

Making the Case for Single Source Logistics

Supply chain disruptions don’t appear to be going away anytime soon. The culprit? Business closures in various industries such as manufacturing, logistics, and retail; labor shortages; growing consumer demand; trade restrictions; increased shipping costs; and Just-in-Time (JIT) inventory and manufacturing management. Out of these, the only one not outside of businesses’ control is JIT inventory management. When coupled with increasing …

Inventory Management: When Relocating or Downsizing, Don’t Just Manage Your Inventory. Optimize it.

Inventory Management: When Relocating or Downsizing, Don’t Just Manage Your Inventory. Optimize it.What Is Inventory Management? A critical element of the supply chain, inventory management is the tracking of inventory from one location to another. Inventory can be assets, goods, equipment, documents, or FF & E that moves from manufacturers or businesses to warehouses for temporary or permanent storage, and …