Today we want to look at the negative impact that inventory can have upon our profits and performance. Consider a few examples of our inventory “gone wild.” Inventory management is admittedly one of ...

Discover what inventory means, its essential types like raw materials and finished goods, and strategies for effective ...

Lean management programs are no longer restricted to a narrow segment of manufacturing companies. A wide range of medium-sized and large companies from different industries have deployed, to varying ...

Empty grocery store shelves in April 2020 and bare car dealerships in 2021 led to a lot of finger pointing. And much of the blame fell on lean inventory or just-in-time supply chain management.

Author Sona Murgai, a Lean Six Sigma Master Black Belt and Master Coach, brings 15+ years of experience into this ...

Irene Salasar of Twin Stars Ltd. and Cari Drake of Air Star Inc. had a business-to-business relationship for years but didn’t meet in person until both attended an October class on inventory control ...

Another wave of lockdowns will renew concerns about supply chains and shortages. As a grower of fresh mushrooms, for decades I experienced the difficulties of filling orders during wild fluctuations ...

Used-vehicle prices are falling, inventory is still difficult to acquire, and economic conditions continue to weaken. These are challenging times for independent dealers. In times like these, ...

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Manufacturing is finally garnering its long overdue share of the application software budget, claiming the No. 1 spot ahead of enterprise resource planning (ERP). The primary driver of this ...

For manufacturers seeking to improve operational performance, understanding how waste appears on the shop floor — and how to ...

36th Annual State of Logistics Report: Navigating uncertainty amid rising costs and global disruptions The 36th Annual State of Logistics (SoL) Report highlights a logistics market tested by economic ...