Discover what inventory means, its essential types like raw materials and finished goods, and strategies for effective inventory management to enhance your business’s efficiency.

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 ...

Fleet managers are rethinking inventory strategies as supply chain volatility and tech innovation reshape parts management.

Inventory management has decisively moved out of the back-office and into the boardroom. In 2025, CEOs and CFOs routinely ...

In a time of extreme unpredictability, companies need to centralize inventory control. It’s imperative to drive agile decision-making by consolidating data across the network, employing advanced ...

After several tumultuous years of pandemic-driven supply chain disruptions, many businesses report that the tide is beginning to turn. Although significant uncertainty remains, price increases have ...

The historical pursuit of creating intelligent machines has culminated in the modern era of artificial intelligence. However, the efficacy of AI applications is contingent upon a nuanced understanding ...

Ahead of next week’s NADA Show 2023 in Dallas, vAuto is introducing enhancements to its flagship inventory management solution, ProfitTime GPS, which can help dealers achieve “superior” profitability.

What Is Enterprise Inventory Management? At the enterprise level, inventory management is the process of overseeing a company’s inventory levels. This includes ordering, storing, using and selling ...

As global supply chains continue to strain under trade tensions, natural disasters and pandemics, researchers at UBC Okanagan ...

The rhythm of an auto dealership is a constant, energetic hum. Sales teams work the showroom floor, service bays are filled, and the F&I department finalizes deals. But in the midst of this controlled ...

Q3 2025 Management View Ben Palmer, President and CEO, stated that third quarter sales rose 7% year-over-year, marking "the first quarter of year-over-year growth in over 2 years," and attributed this ...