Purchasing systems are a key component of effective inventory management in that they monitor existing stock and help companies determine what to buy, how much to buy, and when to buy it.

Access can be effective as an inventory control ... and product replenishment system. Companies that sell products over the Internet can set up a front-end ordering system that allows customers ...

Leading hospital systems are using AI to stay on top of erratic supply chain patterns that can affect patient care.

Just-in-time (JIT) inventory systems started in Japan in the 1970s and spread to the U.S. about a decade later. JIT is an inventory-management ... be right for you. For example, if you operate ...

For example, in a plant that manufactured bicycles, dependent demand inventory items might include aluminum, tires, seats, and bike chains. The first MRP systems of inventory management evolved in ...