News

Introduction to Inventory Control. Inventory control is a major element of an efficient operation for any business that buys and resells goods. Typical goals of inventory management include ...
Effective inventory control is founded on the principle that the warehouse operator must be able to satisfy all demands for material out of inventory while keeping inventory as low as possible.
Effective management for raw materials, MRO supplies, equipment, work-in-progress, and finished goods is critical to shop performance and productivity.
Industry 4.0 is not just about automation. It’s about smart systems that sense, adapt, predict and act in real time. One example is inventory control, which was once a centralized back-office ...
Discover how small businesses can reduce fraud risk with preventive and detective internal controls, safeguarding assets and strengthening trust.
The Office of University Controller has a complete Chart of Accounts that are found in the Finance System. The value of a department’s inventory normally fluctuates due to purchases and sales that ...
We formulate and solve static and dynamic models of inventory management that lie at the intersection of robust optimization and optimal control theory. Our objective is to minimize cumulative ...
All departments are required to perform a complete inventory of their capital equipment once per year. This process is an important control activity designed to safeguard the assets of the University.
AKRON — Myers Tire Supply — a distributor of tools, equipment and supplies for the tire, wheel, and under-vehicle service industry — has launched MTS Xpress, a proprietary inventory management tool.
Oracle responsibility ‘RIT FA Physical Inventory User’ is needed to download and upload. DIR and DIR2 are the only ones who can download and upload inventories assigned to them.