Add Yahoo as a preferred source to see more of our stories on Google. From September to December, retail inventories in the U.S. rose slightly to an inventory-to-sales ratio of 1.26 from 1.24, ...

Inventory management and supply chain optimisation form the backbone of modern commercial operations, ensuring that products are available where and when they are needed while minimising costs and ...

The importance of inventory management in the supply chain is often underestimated. Negligent inventory management can have far-reaching effects on an organization's productivity and profitability.

The opening keynote session of this week’s Council of Supply Chain Management Professionals (CSCMP) EDGE conference in Orlando provided an inside look at the supply chain of Minneapolis-based Target, ...

As the healthcare industry remains a dynamic environment, many health systems will likely be looking for opportunities for any additional cost savings. There are several long-term changes facilities ...

In today's ever-evolving landscape of supply chain management, executives and leaders are facing an intricate web of challenges. To navigate these complexities, advanced analytics and AI have emerged ...

The machine learning market is growing in leaps and bounds, and experts project continued growth. A report by McKinsey indicates that AI has a large potential to be a significant driver of economic ...

Dollar General and Ashley Furniture execs outlined how schedule accuracy optimizes production planning and reduces stockouts ...

Digital transformation is a term that is thrown around a lot, and people have different ways to interpret what it means. Essentially, digital transformation is the integration of digital technology ...

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 ...

West Chester, OH-based fasteners and industrial supplies distributor AFC Industries has acquired Allied Inventory Systems — a ...

In recent months, Macy's has become something of a retail marvel. As retailers across the market struggle to move stagnant products and strain to purge excess inventory, Macy's has managed to keep ...