Inventory Management Systems
Look at any large successful retailer today and you will be astounded at the sheer numbers involved. Wal-Mart alone carries items manufactured in over 70 …
Archive by category Inventory Management
Inventory Credit
All too often a company needs immediate cash for various needs and they just don’t have it. Some industries require a distributor to pay for a product before …
Consignment Stock
Consignment stock is goods which are stored at one location, such as a business or a warehouse, but are legally owned by a different company such as a …
Stock Keeping Unit (SKU)
Warehouses are full of boxes and boxes of stock. These boxes are full of items that must be tracked using some system or method in order to keep up with them. …
MRP Inventory Management
Manufacturing can be a highly detailed, highly complex process that requires specific planning. Material Requirement Planning (or MRP) is an inventory system …