General Motors has a sure way to make a customer unhappy: tell him he must leave his car overnight for repairs because a part is out of stock. "Our data tells us that the vehicle owners that don't ...

No manufacturer wants their production machinery to break down. Preventive maintenance is designed to avoid expensive interruptions to operations. However, some failures can’t be avoided. When a ...

An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

Efficient spare parts inventory management can help reduce downtime in your fleet due to challenges like shortages, out-of-stock parts, lengthy repairs, and more. Poor inventory management can leave ...

Inventory-to-sales ratios are at historic lows, stockouts are at historic highs, and workforce issues are widespread. Gaining visibility into your supply chain, including your own operations, is ...

An inventory management system can make or break your small business performance. Products and services that depend on raw materials, parts and other supplies need consistent inventories to operate ...

The pandemic stressed the need for fleet managers to balance adequate stock with avoiding excess inventory. Ongoing issues like volatility and rising tariffs require fleet managers to stay informed on ...

The trucking industry is seeing a parts shortage. Although it started with the truck makers having trouble sourcing computer chips and other parts and components for their assembly lines, it is now ...

For manufacturers, inventory management systems can track goods through the entire supply chain. Unexplained components, fiddly screws and complicated instructions. We’ve all experienced the trauma of ...

An inventory manager must be able to develop an effective inventory control system to manage customer demand. The demand for the product will control inventory costs, carrying costs, ordering costs ...

Summary: A manufacturing inventory management system is software that tracks raw materials, work-in-progress (WIP), and finished goods in real time, links them to bills of materials and work orders, ...

A well-managed parts inventory helps can help a heavy-duty truck fleet prevent downtime and save money.Photo: Paul Hartley There is little more frustrating than having a truck down and not having the ...