AUSTIN, Texas--(BUSINESS WIRE)-- Epicor, a global leader of industry-specific enterprise software to promote business growth, today announced it has acquired Smart Software, a leading provider of ...

For the small independent retailer, successfully managing inventory is one of the biggest keys to running a profitable and sustainable business. Unlike big-box stores, we often don’t have the cash ...

An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

Inventory management is now considered a prime candidate for automation as manufacturers target opportunities to reduce costs, accelerate product delivery and make the most out of experienced talent.

Are you tired of bloated warehouses and unreliable demand data? Other business owners likely are, too. Traditional methods fail in today's dynamic landscape. But take heart—smart solutions could bring ...

The average retailer loses nearly 3 percent of sales to shrinkage, with grocery stores experiencing the highest rates among all retail segments. When you combine this with the fact that U.S. retail ...

Companies that manufacture and sell tangible goods, or resell products from other firms, must track and manage potentially hundreds of thousands of units of inventory. Using systems to control ...

An inventory manager must be able to develop an effective inventory control system to manage customer demand. The demand for the product will control inventory costs, carrying costs, ordering costs ...

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 ...

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 ...