In hardware businesses, managing inventory is a critical yet challenging task. With a wide range of products such as tools, machinery, spare parts, and construction materials, maintaining accurate ...

Have you ever found yourself scrambling to find out which products are running low or when your next shipment is due? Managing inventory can be a daunting task, especially if you’re relying on ...

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 ...

What Is Enterprise Inventory Management? At the enterprise level, inventory management is the process of overseeing a company’s inventory levels. This includes ordering, storing, using and selling ...

Inventory management can provide significant operational benefits for power companies. From forecasting, fueled by real-time data, to automated replenishment and supply chain continuity, digital ...

Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...

This spring, American Eagle Outfitters announced a $75 million inventory write-down and withdrew its fiscal guidance for 2025, citing macroeconomic uncertainty and operational challenges. The retail ...

Effectively managing maintenance, repair, and operations (MRO) inventory is one of the many significant challenges for asset-intensive enterprises. Companies often seek MRO improvements through a ...

Artificial intelligence (AI) is well-known for its ability to make data-driven decisions, but there is a lesser-known branch of AI called natural language processing (NLP) that is starting to turn ...

Imagine walking into your favorite clothing store in search of a pair of pants that you saw online. You made the three-mile drive to the shopping center and braved the crowds only for the pants to be ...