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Efficient inventory management is the backbone of any successful business. Inventory analysis not only ensures you always have the right products ready for

Having the right inventory in the right place is a key part of managing stock. For example, if you are a clothing retailer with many stores across the U.S., how do you make

Manufacturing needs one or more "ingredients" to make a finished product. Businesses call these ingredients intermediate goods. Intermediate goods can be a finished product

Some waste is unavoidable in manufacturing. It occurs when working with materials such as metal, paper, chemicals, textiles, and plastics. Even so, companies aim to reduce waste

When demand is higher than production, it can seem like a good problem. Strong sales usually show a healthy business. But too much demand can also show inefficiencies.

Strong suppliers help build efficient and reliable supply chains. Even good suppliers can fail without clear goals and regular checks. Poor communication can also cause problems.