In-process inventory is work that has begun production in a manufacturing company but that has not yet been completed. It is an important concept for accounting departments because they have to ...

His work focuses on building architectures that combine robotic process automation (RPA), artificial intelligence (AI), and ...

Inefficient inventory management can wreak havoc on your business. That’s why many manufacturers and suppliers use a cloud-based ERP inventory management control solution to identify in real time ...

NEW YORK--(BUSINESS WIRE)--INTURN, the B2B SaaS platform that is modernizing the way brands sell slow-moving and excess inventory, today announced a partnership with SAP (NYSE: SAP) to support the ...

Work-in-process inventory refers to the partially completed materials within a production line. According to the team at Accounting Tools, this term considers the cost of raw materials, direct labor ...

In the world of manufacturing, the importance of efficient inventory management cannot be stressed enough. With a multitude of challenges such as supplier bottlenecks, fluctuating stock levels, and ...

What does a manufacturing firm that has only one piece of equipment and makes it products primarily from liquids and biological reagents need with an enterprise resources planning (ERP) system? The ...

Hospitals depend on their supply chains for critical medications, medical equipment and a host of other items that keep operations running smoothly and ensure patients get the best possible care.

This article is based on my observations the last few years when I’ve been invited into factories looking for help to start (or too often restart) a continuous improvement (CI) strategy. The subject ...

The Clorox Company has corrected inventory imbalances from migrating its U.S. supply chain and other business operations to a new enterprise resource planning system, executives told investors during ...