Inventory tracking and control is a key element of operating a successful business. Carrying too much inventory ties up capital that otherwise could be used to invest in your business or to pay bills.

An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

If you ship products, you must not only track the inventory of products, but also the shipping supplies. Your packaging materials can be a source of waste and duplication of expenses. To combat the ...

I don't know whether this is the right forum to ask, but here I go I need to track the quantity of a few items, to know how many bottles of a determined size I have, and be capable to enter a new ...

Proper inventory management is the backbone of successful businesses, preventing stockouts or excess stacks. It ensures a smooth supply chain, providing materials for operations. This critical ...

Kelly Main is a Marketing Editor and Writer specializing in digital marketing, online advertising and web design and development. Before joining the team, she was a Content Producer at Fit Small ...

If you’re an e-commerce pro or small business owner, improving your inventory management can help you identify opportunities to free up limited capital. Beyond capital allocation, correct inventory ...