Inventory

Warehouse management oversees the operations in a warehouse to ensure efficient storage, handling, and distribution of goods. Here is a comprehensive guide to the basics of effective warehouse management.

While stockouts may suggest that a product is popular, they are typically costly mistakes in inventory management that are far better avoided than managed after the fact. In this article, we look at what stockouts are, how they are caused, and what businesses can do to prevent them.

Among the many invaluable performance metrics in inventory management, Days Sales in Inventory (DSI) stands out for its simplicity and straightforward insight into finding a balance between stock levels and sales.

Inventory shrinkage is a common issue in most businesses that deal with physical inventory. The consequences of shrinkage may include financial losses, operational disruptions, and loss of competitiveness. But how does it happen and how to prevent it?