Buying unnecessary inventory costs your business money. Conversely, inadequate inventory can lose sales. Accountants and analysts have developed a number of metrics for judging how efficiently your ...

Inventory is one of the major concerns of a small business. Having what your customers need when they need it matters. Maintaining control of your inventory can be a challenge, however, as even in the ...

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 ...

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 ...

Imagine walking into your favorite clothing store in search of a pair of pants that you saw online. You made the three-mile drive to the shopping center and braved the crowds only for the pants to be ...

AKRON — Myers Tire Supply — a distributor of tools, equipment and supplies for the tire, wheel, and under-vehicle service industry — has launched MTS Xpress, a proprietary inventory management tool.

This text discusses the importance of inventory accuracy and visibility for omnichannel logistics in fashion and lifestyle ...