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.

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 ...

Material requirements planning systems add a level of automation to inventory control. When you set minimum and maximum stock levels on a simple inventory, you are beginning to use MRP principles. MRP ...

SAN DIEGO--(BUSINESS WIRE)--SupplyPro, an inventory management solutions provider, today announced the release and availability of SupplySystem, the industry’s first modular industrial inventory ...

DENVER - Some of the best reasons for having a properly managed inventory control system includes increased profits and having money in the bank. How so? David Rosenthal, a trainer with the Nexstar ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Michael Boyle is an experienced ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...