Inventory is a major asset on a small business's balance sheet and can tie up the often-limited capital resources for various periods. Effective inventory management control requires businesses to ...

The purpose of an inventory control system is twofold. The primary function is to ensure that a small business meets customer needs -- that products are available when customers want them. But ...

There’s a fine balance to be struck between having enough inventory to keep customers happy and keeping your resources from becoming bloated. If you’re still using inventory management ...

Serialization and traceability are crucial elements of inventory management and control in any industry but are vital to human lives in the aerospace and defense sector.

If you are starting a small business and must carry inventory, then it is imperative to set up an inventory system. Excess inventory will be a drag on any small business, while sparse inventory ...

There are two primary inventory accounting systems: periodic and perpetual. With a perpetual system, sales are recorded as they occur and the inventory balance is updated continuously. Have you ...