Have you ever found yourself scrambling to find out which products are running low or when your next shipment is due? Managing inventory can be a daunting task, especially if you’re relying on ...

Tracking inventory trends helps you determine a quantity that's vital to your business's success: the amount to order for each of your products. If this quantity is too high, your cash is ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and ...

For most kinds of business, expenses break down into product cost -- including inventory -- and period cost. If you run a business, distinguishing between types of inventory, other product costs and ...

In operating multiple distribution centers, inventory costs at the SKU level is one of the major ongoing expenses. Companies are often surprised at the magnitude of the inventory increases. Our ...

The pandemic stressed the need for fleet managers to balance adequate stock with avoiding excess inventory. Ongoing issues like volatility and rising tariffs require fleet managers to stay informed on ...

To determine the value of ending inventory and, ultimately, margins, many retailers have stuck with an accounting practice known as the retail inventory method — in some cases for more than 100 years ...