In today's fast-paced retail environment, the ability to seamlessly integrate inventory across all channels is not just a nice advantage, it's an absolute necessity — do or die, if you will. In the ...
Inventory planning encompasses several parts of your company's logistics and operational capabilities. Accounting gets involved with monitoring and paying for inventory, the warehousing and logistics ...
Back in March 2024, NPR’s Planet Money featured a fascinating episode called “Is Dynamic Pricing Coming to a Supermarket Near You?” It highlighted REMA 1000, a Norwegian grocery chain that’s doing ...
Editor’s Note: Tracey Smith is an internationally recognized business author, speaker and analytics consultant. She is the author of multiple books and hundreds of articles. Tracey has worked with and ...
Inventory planning and control are functions relating to inventory management. Business owners pay close attention to inventory as it usually represents the second largest expense in their businesses.
Market pressures can sometimes seem as if they fall out of the sky. If your business depends on having the right inventory at the right time, anticipating what you’ll need and when you’ll need it up ...
Due to the global disruption of the pandemic, heated discussions persist around moving from “lean” supply chains that only focus on cost and efficiency, to more resilient and agile supply chains that ...
Analyst insight: Inventory “right-sizing” has forever been tied to business profitability. Today’s endless-aisle mentality requires inventory solutions that understand customer preferences and deliver ...