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 ...

Just about everyone knows Microsoft Excel is a great tool for doing fast calculations in a worksheet. What small business owners don't know is that Excel can also count. Regardless of what kind of ...

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 ...

Two-bin inventory control provides a method by which companies are internally flagged when items they need for production are ...

Have you ever found yourself scrambling to locate stock details or manually tracking inventory across endless spreadsheets? For many businesses, inventory management feels like a juggling act, one ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Eric's career includes extensive work in both public and corporate accounting ...

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.

Opinions expressed by Entrepreneur contributors are their own. Inventory is arguably the most important part of your business. When products are bought and sold, they generate the revenue you need to ...