Manufacturers are turning to their ERP and SCM systems for innovations as they seek to modernize operations. Enterprise resource planning and supply chain management software have been essential tools ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. As a manufacturing and distribution business, you ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Learning how to manage inventory efficiently is critical to ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

Amidst the recent continued economic volatility, C-level executives’ focus has shifted from revenue growth to profitable growth, and hence global supply chain performance has gained a great deal of ...

40th Annual Quest for Quality Awards: Service stars in the new era of collaboration Which carriers, third-party logistics providers and U.S. ports reached the pinnacle of service excellence over the ...

If your business requires maintaining an inventory, you might sometimes feel like you're walking a tightrope. Not having enough inventory means you run the risk of losing sales, while having too much ...

Any company that maintains inventory for sale or as part of a raw material supply must have defined inventory control policies. For most small businesses, inventory functions as the largest investment ...

For most of the last century, the supply chain — a company’s links to manufacturers, suppliers, distributors and customers — was an inflexible series of events that somehow managed to get products out ...