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 ...

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 ...

LAPP USA adopts autonomous drones to streamline warehouse inventory as U.S. reshoring drives demand for automation and robotics.

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 ...

Inventory control and management are vital to any business’s success, acting as the foundation for efficient operations and overall profitability. For manufacturers specifically, inventory represents ...

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Your hot product once flew off the shelves, and your sales revenue was the envy of the competition. Now things have calmed down and you're looking for ways to improve profitability. Reducing the cost ...

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, ...