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 ...

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 ...

Collaborative inventory-management strategies can reduce inventory levels throughout a value chain, the IW survey results indicate. However, the effectiveness of a given strategy varies from industry ...

Fleets are shifting from just-in-time to just-in-case inventory models to strengthen supply chain resilience. Data-driven tools and predictive maintenance help fleets cut downtime and control rising ...

Chart of the Week: Inbound Ocean TEUs Volume Index – USA, Logistics Managers’ Index – Warehouse Utilization SONAR: IOTI.USA, LMI.WHUT Imports and inventory levels have declined this fall, potentially ...

One of the best ways to improve your company’s finances is to practice better inventory management. Inventory management is a crucial part of your operational approach. How you choose to implement and ...

With the U.S. government’s stance on tariffs resembling a game of seesaw, yet with the net effect likely to push vehicle prices higher, automotive dealers who already understand the importance of ...

In a time of extreme unpredictability, companies need to centralize inventory control. It’s imperative to drive agile decision-making by consolidating data across the network, employing advanced ...

After several tumultuous years of pandemic-driven supply chain disruptions, many businesses report that the tide is beginning to turn. Although significant uncertainty remains, price increases have ...

Inventory management is a system used to oversee the flow of products and services in and out of an organization. A company may decide to incorporate one key inventory management technique or combine ...

Ahead of next week’s NADA Show 2023 in Dallas, vAuto is introducing enhancements to its flagship inventory management solution, ProfitTime GPS, which can help dealers achieve “superior” profitability.

Perishable inventory demands attention. Specific inventory-tracking methods help with the job of managing and accounting for perishable inventory. Perishable refers to items that have an expiration ...