Inventory planning and control are functions relating to inventory management. Business owners pay close attention to inventory as it usually represents the second largest expense in their businesses.

Inventory planning encompasses several parts of your company's logistics and operational capabilities. Accounting gets involved with monitoring and paying for inventory, the warehousing and logistics ...

Back in March 2024, NPR’s Planet Money featured a fascinating episode called “Is Dynamic Pricing Coming to a Supermarket Near You?” It highlighted REMA 1000, a Norwegian grocery chain that’s doing ...

Editor’s Note: Tracey Smith is an internationally recognized business author, speaker and analytics consultant. She is the author of multiple books and hundreds of articles. Tracey has worked with and ...

Inventory optimization and controlled supply chains are the need of the hour. While COVID-19 revealed supply chain shortcomings at the planning level, for example, the global retail industry witnessed ...

AI-driven adaptive safety stock planning is revolutionizing inventory management in fluctuating supply chains.

Inventory is a universal headache at most companies - with the potential for significant impacts, both good and bad. Too little inventory puts sales revenue at risk. Yet, having too much inventory ...

Supply chains have never faced more uncertainty or more opportunity. While outdated tools and manual workflows struggle to keep up, AI and GenAI are helping teams predict demand, automate ...

TALLINN, Estonia--(BUSINESS WIRE)--Katana Technologies, a fast-growth inventory software solutions for small and medium-sized businesses (SMBs), today announced the launch of its Inventory Planning ...

Inflation is causing weakened demand. Businesses such as Microsoft and Google are preparing for an economic downturn. It is difficult not to react by drastically reducing inventories, and it is hard ...