Small businesses need to be aware of their inventory in order to adjust their production levels. One of the most important inventories to be familiar with is the finished goods inventory, as it ...

Calculating finished goods inventory for a business that sells products it manufactures is an important part of preparing financial statements. The key to calculating the value of this asset category ...

Learning how to manage inventory efficiently is critical to any business that sells physical goods. From timely ordering of supplies to tracking and storage, any mistakes can directly impact your ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Dr. Cyrus Hadavi is the CEO of Adexa, a leading AI-powered supply chain planning company with Fortune-class clients in five continents. Zero inventory may reduce overall cost, but it may decrease ...

Inventory-to-sales ratios are at historic lows, stockouts are at historic highs, and workforce issues are widespread. Gaining visibility into your supply chain, including your own operations, is ...

Inventory management is the process of tracking where your products are at all times and when to order more. These techniques can improve your inventory management process, independent of software.

Collaborative inventory-management strategies can reduce inventory levels throughout a value chain, the IW survey results indicate. However, the effectiveness of a given strategy varies from industry ...

Founded in 2015, Stadium Goods is a New York City-based retailer of aftermarket collectible sports footwear, apparel and other memorabilia, stored in a New Jersey warehouse on a consignment basis.