As the average age of Class 8 tractors reached a record high of 9.5 years in late 2011, a corresponding spike developed for parts and repair services needed to keep such old equipment up and running.
What do you know about inventory and inventory control? Whether you are a service shop or a major commercial/industrial ...
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 ...
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.
Analyst Insight: AI revolutionizes initial inventory planning and stockpiling by estimating demand even when historical data is missing. This optimizes procurement, reduces costs, and prevents ...