What Is Inventory? Definition, Types, and Examples

Discover what inventory means, its essential types like raw materials and finished goods, and strategies for effective inventory management to enhance your business’s efficiency.
Retail TouchPoints

True Value Cuts Unproductive Inventory, Improves Forecasting With Demand Planning Solution

Anticipating and incorporating demand, particularly for highly seasonal and weather-dependent items, is crucial to delivering an exceptional customer experience while maintaining accurate inventory ...
Business Wire

E2open Forecasting and Inventory Benchmark Study Finds Demand Sensing and Multi-Echelon Inventory Optimization Combination Reduces Safety Stock by More Than 30%

AUSTIN, Texas--(BUSINESS WIRE)--E2open today announced the publication of its 2018 Forecasting and Inventory Benchmark Study, an in-depth analysis of the state of demand and inventory management that ...
Retail Dive

A majority of retailers struggle with inventory forecasting

A survey of corporate retail professionals conducted by Wakefield Research and Bossa Nova Robotics found 73% of respondents consider inaccurate forecasting "a constant issue" for their store. Another ...
Business Wire

E2open 2019 Forecasting and Inventory Benchmark Study Highlights the Importance of Real-Time Data to Achieve Agile, Digitally-Enabled Supply Chains

AUSTIN, Texas--(BUSINESS WIRE)--E2open, the one place in the cloud to run your supply chain, announced today the release of its 2019 Forecasting and Inventory Benchmark Study, an in-depth analysis of ...
Forbes

Conquering Complexity And Optimizing Inventory Management: A Strategic Guide

The historical pursuit of creating intelligent machines has culminated in the modern era of artificial intelligence. However, the efficacy of AI applications is contingent upon a nuanced understanding ...