Companies that manufacture and sell tangible goods, or resell products from other firms, must track and manage potentially hundreds of thousands of units of inventory. Using systems to control ...

Inventory control is a major element of an efficient operation for any business that buys and resells goods. Typical goals of inventory management include maintaining low inventory holding costs while ...

Industry 4.0 is not just about automation. It’s about smart systems that sense, adapt, predict and act in real time. One example is inventory control, which was once a centralized back-office function ...