In the modern global economy, supply chains are the backbone of almost every industry. They are intricate networks of manufacturers, suppliers, and distributors that ensure products flow seamlessly from conception to the hands of consumers. However, supply chain stability, or rather the lack of it, has been under the spotlight in recent years, and the COVID-19 pandemic only accentuated the fragility of these systems. In this blog post, we will delve into the importance of supply chain stability and explore strategies to achieve it in an ever-changing world.

Inventory control practices are one of the best ways a company can stay organized - and is an area that companies in any industry can and should practice to ensure long-term growth. Inventory management refers to the process of ordering, storing, using, and selling a company's inventory. This includes the management of raw materials, components, and finished products, as well as warehousing and processing of such items.