Virtual store tool uses synced camera feeds, sensors and AI to monitor shopping behavior down to the shelf level ...

With any inventory management plan, the objective is not just to meet a standard, but to also identify gaps and refine ...

Inventory management has been anything but simple over the last three years. A global pandemic, labor shortages and product recalls, among other factors, have led to the so-called “bullwhip effect,” ...

Inventory management is the core of supply chain management, comprising all processes necessary to trace inventory levels, monitor stock movements, and efficiently fulfil customer orders. The primary ...

Inventory management is a critical process for retailers, enabling them to optimize their resources and maximize profits. Effective inventory management requires retailers to maintain an optimal ...

Gross profit margin represents the percentage of revenue earned above direct costs, before accounting for interest, taxes, depreciation and overhead. Changes in the types of inventory sold, inventory ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. In accounting, inventory represents a company's raw ...

Methods such as Statistical Process Control, Lean and Six Sigma have been in use for decades, helping manufacturers maximize the efficiency and reliability of their processes. But when it comes to ...

Discover why Pool Corporation’s post-pandemic normalization signals opportunity for long-term investors. Learn key valuation ...

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, ...