If your small business manufactures items for sale or purchases items for resale, you maintain an inventory of products or raw materials for business operation. Tracking inventory amounts and costs ...

Inventory management is something many service businesses struggle with as these businesses generally don't have a specific list of items used the same way a retail business does. The nature of a ...

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.

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Effective inventory management is vital for any ...

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 ...