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On the surface, last year's record electric vehicle (EV) sales crossing one million units seems like sunny news for automakers heavily invested in an electrified future. However, inventory stockpiles of new EVs gathering dust at dealerships across America cloud that optimism. This growing gap between manufacturing capacity and

Nike recently downgraded its growth expectations, projecting sales to rise only ~1% this fiscal year along with cost-cutting initiatives underway. Given Nike's industry bellwether status, this signals cooling demand could spread across apparel, ushering in a growth moderation period after over a decade of expansion.   For apparel businesses,

Materials management is a foundational pillar for seamless production. MRP is a system that emerged to manage materials efficiently, planning how much and when materials are needed for production. Let's take a closer look at the concept and benefits of MRP, and see how it can help companies

“A stitch in time saves nine” is an old English proverb that summarizes the evergreen life lesson about the value of taking proactive steps to solve small problems before they become bigger. One stitch now, the saying implies, can prevent the need for nine later. The same logic applies to

Tips and Tools for Balancing Inventory Management In August 2023, Under Armour reported a substantial 38% increase in its inventory levels, and profit levels took a hit. Too many leftover undies, in short (or, shall we say, shorts?), undercut their underwear profit. This spike in stock shook its stock, knocking