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.

Baltimore-based AlarisPro, the leader in Unmanned Aircraft System (UAS) operations and fleet management announces the release of their spare parts inventory module that compliments the company’s suite ...

Inventory-to-sales ratios are at historic lows, stockouts are at historic highs, and workforce issues are widespread. Gaining visibility into your supply chain, including your own operations, is ...

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 ...

Improvements in software and hardware used for inventory management have made it easier for distributors and shops to stay on top of trends in parts sales. Many large warehouse distributors and ...

An inventory management system can make or break your small business performance. Products and services that depend on raw materials, parts and other supplies need consistent inventories to operate ...

Efficient spare parts inventory management can help reduce downtime in your fleet due to challenges like shortages, out-of-stock parts, lengthy repairs, and more. Poor inventory management can leave ...

A well-managed parts inventory helps can help a heavy-duty truck fleet prevent downtime and save money. Photo: Paul Hartley There is little more frustrating than having a truck down and not having the ...

The pandemic stressed the need for fleet managers to balance adequate stock with avoiding excess inventory. Ongoing issues like volatility and rising tariffs require fleet managers to stay informed on ...

In this tutorial, we'll create an inventory management system in Excel with three worksheets: the current inventory, the vendor sheet, and the order summary sheet. The current inventory sheet allows ...

Tom Wicky is the co-founder and CEO MyFBAPrep, a global warehouse network that serves top Amazon sellers and enterprise brands. Inventory and supply chain are two of the main gears that allow the ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...