An effective inventory management system starts with analysis and design. The more thorough the analysis and the more care you take in developing the design, the fewer problems you'll have running and ...

Managing inventory across multiple sales channels gets complicated fast. When you''re selling on Amazon, eBay, Shopify, and a ...

The average age of inventory is a measurement that estimates the average time to sell a given product. Although it is a relatively easy calculation, it is used to analyze management efficiencies as ...

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 ...

Jeff is a writer, founder, and small business expert that focuses on educating founders on the ins and outs of running their business. From answering your legal questions to providing the right ...

While some companies like to keep things simple by doing everything manually rather than using technology, the reality is that doing things the old-fashioned way sometimes creates more issues than it ...

Have you ever found yourself scrambling to locate stock details or manually tracking inventory across endless spreadsheets? For many businesses, inventory management feels like a juggling act, one ...

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 software should keep multi-location stock accurate, automate reorders, flag exceptions, and plug cleanly into your POS/ecommerce, accounting, and 3PL tools. Use this guide to match the right ...

Inefficient supply chain management and inventory management causes retailers worldwide to lose more than $1.8 trillion annually. Even though offline retail accounts for the majority of this number, ...

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 ...