An itemized list or catalog of the stock of a business There's more to inventory control than simply buying new products. You have to know what to buy, when to buy it and how much to buy.

AI revolutionizes initial inventory planning and stockpiling by estimating demand even when historical data is missing. This optimizes procurement, reduces costs, and prevents stockouts. AI-driven ...

Inventory management can play a significant role in promoting sustainability within businesses and supply chains.

For just in time inventory control to be effective the business must have a good relationship with their suppliers. No money is tied up in inventory meaning it can be used elsewhere in the ...