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 ...

The success of a supply chain business often relies on the effectiveness of its inventory strategy. Without a strong plan in place, companies may run shortages or end up with surplus inventory on hand ...

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 ...

One of the lessons every seller learns quickly is that good inventory management is the key to a healthy bottom line. The disparity between consumer demand and inventory levels leads to a whole host ...

Analyst Insight: AI revolutionizes initial inventory planning and stockpiling by estimating demand even when historical data is missing. This optimizes procurement, reduces costs, and prevents ...

Editor’s Note: Every year, 40 or so students in the MIT Center for Transportation & Logistics' (MIT CTL) Master of Supply Chain Management (SCM) program complete one-year thesis research projects. The ...

Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...

Companies are struggling to maintain the right inventory. Pandemic-era supply chain disruptions and volatile consumer demand led many companies to shore up inventory in 2021, while soaring container ...

Boost efficiency and accuracy in logistics, data analysis, forecasting, and more Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, ...

Inventory software should keep multi-location stock accurate, automate reorders, flag exceptions, and plug cleanly into your POS/ecommerce, accounting, and 3PL tools. Use this guide to match the right ...

Have you ever looked at a huge spreadsheet and been unsure where to start? With several tabs, buttons, formulas and colors, spreadsheets can be intimidating. You may be reluctant to even open it.