Quite often, even among well-run businesses, the actual costs of inventory are inaccurate, underestimated and incomplete. While most resellers know they have dead inventory, many are unaware of just how much. Studies show that in even well-run companies, anywhere from 20 to 30 percent of inventory is dead or obsolete.

Shipping companies transporting coal, iron ore and other commodities are urgently seeking ways to conserve cash and withstand the worst market downturn on record as too many ships chase shrinking business.

Convey has launched its Intelligent Fulfillment Platform.

360pi, a provider of applications for product intelligence, has launched Project GamePlan.

Coupa Software has announced plans to release InvoiceSmash, an application designed to simplify and speed up the processing of supplier invoices.