Organizations that correctly and thoroughly apply inventory optimization techniques can typically reduce inventories by up to 50% while improving or maintaining service levels. And yet the sad truth ...

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 ...

Inventory classification and optimisation techniques are pivotal in modern supply chain management, offering structured approaches to managing diverse inventory portfolios. Traditional methods such as ...

Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices. I like to think of inventory accounting like ...

Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side. Now, companies have a different problem. They have ...

Forbes contributors publish independent expert analyses and insights. I cover the impact of AI and Machine Learning on the supply chain. Supply chains are under siege by an undeniable force: change.

DENVER, Aug. 1, 2017 /PRNewswire/ -- Oniqua Intelligent MRO ("Oniqua"), the leading provider of MRO inventory optimization solutions for asset-intensive organizations, today announced that Oniqua IQ™ ...