Updated Google Cloud capabilities are designed to help customers better track inventory and ensure volumes are properly aligned with demand. “By tracking inventory levels, businesses can ensure they have the right amount of product to meet customer demand while avoiding overstocking or understocking,” the blog states. Sample dashboards now provide [...]

A purchasing manager at a midsize company receives a message from the CEO that a stock supplier is offering a 30% discount if they pay their bill by Friday. SMS contains bank account number. Despite being suspicious, the purchasing manager decides to wire the money a few hours later, reassured [...]

Exceptions are listed as permanent even if the facility is not listed as closed as requested. Walmart did not immediately respond to a request for comment. Over the past few weeks, the retail giant has laid off hundreds of people at e-commerce locations across the country, including in Texas, Pennsylvania, [...]

As global supply chains improve, Fastenal has been able to reduce its available inventory year-over-year by removing inventory from its network for about three weeks, Florness told investors. “We believe that technology investments and structural changes in our go-to-market approach have enhanced our company’s long-term operational leverage and asset intensity,” [...]