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 ...

Companies that manufacture and sell tangible goods, or resell products from other firms, must track and manage potentially hundreds of thousands of units of inventory. Using systems to control ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...

While "inventory management" sounds like it's a simple tracking of what you have, inventory management software actually goes several levels deep. The software should integrate with at least one other ...

Any business that sells products needs a reliable method for inventory management. With bar codes, point-of-sale software and warehouse tracking, computerized inventory management systems make it easy ...

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.

Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...

Not a subscriber? Apply online today. Inventory management takes both planning and execution. For decades, execution has relied on bar code data collection and wireless, system-directed material moves ...