Companies that are in the business of selling goods, whether they resell them as retailers or produce them, need to find ways to manage their inventory levels. The process of inventory management ...

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 ...

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 ...

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 ...

One of the reasons the economy grew at a faster rate in the second quarter than it did in the first was because businesses spent more on inventories. That might sound a little surprising, given that ...

AKRON — Stock Keeping Units (SKUs) — product codes for keeping track of inventory — have boomed within the tire industry. Greg Ring, director of training and development for K&M Tire Inc., told ...

It’s in the best interest of a retail business to keep shelves fully stocked–but what happens when those shelves start to get overcrowded? In response to these growing issues, many businesses have ...

Retailers are stocking inventory and planning sales strategies ahead of the holiday shopping season. Business owners will need to plan their inventory wisely if they want to avoid shortages. Retail ...