Inventory management can provide significant operational benefits for power companies. From forecasting, fueled by real-time data, to automated replenishment and supply chain continuity, digital ...

Inventory production management involves keeping track of products, suppliers, stock levels and purchase orders, reordering products, and managing information related to inventory and production.

Production inventory refers to your level of materials and supplies on hand for use in manufacturing production. This is different from work-in-process inventory, which is the value of goods in the ...

In a time of extreme unpredictability, companies need to centralize inventory control. It’s imperative to drive agile decision-making by consolidating data across the network, employing advanced ...

The impact of supply chain disruptions over the past few years has changed the manufacturing calculus. This interview with representatives from Plex by Rockwell Automation explain how connecting plant ...

The ERP provider has identified major trends and selection criteria for inventory management systems in the coming year.

In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...

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 ...