Your ERP isn’t broken — it’s just outdated, because inventory accuracy still depends on stopping the factory instead of ...

Inventory management has always been a critical component of the manufacturing process. However, in the modern business landscape, its importance has grown exponentially. The demands of the modern ...

In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...

Accounting software for small manufacturing businesses should have advanced inventory management capabilities along with the ability to manage labor costs, production schedules, work orders and bill ...

Companies use a Just-in-Time manufacturing and inventory management system to improve the efficiency of the company and reduce costs. The system requires manufacturers to purchase only when customer ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When looking ahead to a new year, make sure your business ...

Inventory control risks affect all companies regardless of how much inventory the company carries. A small business typically has a large amount of its cash tied up in inventory. With such a large ...

This concentration is intended to prepare students for modeling and simulating various problems related to supply chain management, such as procurement, manufacturing, logistics and distribution, ...

Penn State Scranton’s Center for Business and Community Outreach prepares young business professionals in their early careers to pursue the APICS Certified in Production and Inventory Management ...