With the U.S. government’s stance on tariffs resembling a game of seesaw, yet with the net effect likely to push vehicle prices higher, automotive dealers who already understand the importance of ...
Inventory management remains critical for auto retailers today in determining profitability, customer satisfaction, and operational efficiency. The traditional methods of inventory management, reliant ...
For the small independent retailer, successfully managing inventory is one of the biggest keys to running a profitable and sustainable business. Unlike big-box stores, we often don’t have the cash ...
Effective inventory management is among the clearest measures of a business’s success — and one of the biggest challenges that supply chain teams face. The pandemic served as a stark reminder of how ...
The pandemic stressed the need for fleet managers to balance adequate stock with avoiding excess inventory. Ongoing issues like volatility and rising tariffs require fleet managers to stay informed on ...
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 ...
Fleets are shifting from just-in-time to just-in-case inventory models to strengthen supply chain resilience. Data-driven tools and predictive maintenance help fleets cut downtime and control rising ...
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A Better Inventory Management Strategy Saved This Company $900,000 (and Improved Safety)
At Apex Tools (fictional name), a mid-sized supplier of specialized mechanical components, inventory management and safety concerns had long been interwoven issues. As demand surged, materials flowed ...
What Is Enterprise Inventory Management? At the enterprise level, inventory management is the process of overseeing a company’s inventory levels. This includes ordering, storing, using and selling ...
Effectively managing maintenance, repair, and operations (MRO) inventory is one of the many significant challenges for asset-intensive enterprises. Companies often seek MRO improvements through a ...
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