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.

Inventory management is now considered a prime candidate for automation as manufacturers target opportunities to reduce costs, accelerate product delivery and make the most out of experienced talent.

Effective inventory control is founded on the principle that the warehouse operator must be able to satisfy all demands for material out of inventory while keeping inventory as low as possible. To ...

Inventory is the most valuable asset in a large number of small businesses, and it can also be one of the most difficult assets to keep under control. Theft, administrative errors, physical damage and ...

Whether you’re a retailer, manufacturer, dealer, wholesaler, distributor, or restaurant owner, inventory is a critical asset in your business. Because inventory is so important, many owners feel ...

Automated storage and retrieval systems (AS/RS) are inventory management systems that are widely used in manufacturing facilities, distribution centers, and warehouses throughout the United States and ...

In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Michael Boyle is an experienced ...