Opinions expressed by Entrepreneur contributors are their own. Inefficient supply chain management and inventory management cause retailers worldwide to lose more than $1.8 trillion annually. Even ...

A variety of market inefficiencies – such as uncertainty around customer demand and pricing that does not consistently reflect full value – play critical roles in the automotive aftermarket industry’s ...

Inventory Routing Problems (IRPs) represent a critical intersection of inventory management and transportation optimisation within supply chain management. At their core, IRPs require the simultaneous ...

If tossing spoiled products into the dumpster and paying suppliers’ restocking fees is costing your business money, here’s how to polish your inventory management approach and operate more sustainably ...

Our world has been dominated by tariff and trade conversations, but much like everything we’ve been through in the past—trade issues, global unrest, pandemics—it’s a matter of responsiveness and ...

Every year, 40 or so students in the MIT Center for Transportation & Logistics' (MIT CTL) Master of Supply Chain Management (SCM) program complete one-year thesis research projects. The students are ...

The IC industry sees uneven inventory in different segments, with short supply of power management ICs and other mature chips worsening. China's eletricity restrictions policy is creating... Save my ...

Inventory management is critical if you want your business to operate efficiently and transparently. However, far too many businesses still make fundamental mistakes that unnecessarily compromise ...

Artificial intelligence (AI) is well-known for its ability to make data-driven decisions, but there is a lesser-known branch of AI called natural language processing (NLP) that is starting to turn ...

While some companies like to keep things simple by doing everything manually rather than using technology, the reality is that doing things the old-fashioned way sometimes creates more issues than it ...