Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...

Industry 4.0 is not just about automation. It’s about smart systems that sense, adapt, predict and act in real time. One example is inventory control, which was once a centralized back-office function ...

ANNISTON ARMY DEPOT, Ala. - Parts handlers here finding unused items and entering those stock numbers into the Standard Depot System won't be able to account for items the same way come October when ...

Inventory management is the process of tracking where your products are at all times and when to order more. These techniques can improve your inventory management process, independent of software.

In omnichannel and ecommerce companies, inventory management, including tracking and reserving inventory for orders, is crucial for maximizing sales and improving customer satisfaction. If you can’t ...

Most large companies have entire departments designated to monitor and track inventory. Additionally, smaller companies typically devote a lot of time to the process of tracking inventory. The reason ...

Artificial intelligence (AI) is well-known for its ability to make data-driven decisions, but there is a lesser-known branch of AI called natural language processing (NLP) that is starting to turn ...

Inventory includes finished products as well as materials a firm plans to further process. The exact process for adjusting inventory entries depends on the inventory accounting system the firm has ...