Inventory can be classified into three major categories: raw materials, work in process and finished goods. Work in process (WIP) inventory consists of goods that have begun but not yet completed ...

Your ERP isn’t broken — it’s just outdated, because inventory accuracy still depends on stopping the factory instead of ...

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 ...

Manufacturing systems and production control strategies have evolved significantly over recent years, driven by the need for enhanced operational efficiency, flexibility, and responsiveness in ...

Your business inventory consists of your stock, the goods that you offer for sale and any other materials you need to run your businesses. Maintaining an appropriate inventory is crucial to the ...