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 ...

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.

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 ...

Microsoft Access is a database program that's widely used throughout the business world. Access can be effective as an inventory control system; companies can use the features and benefits of the ...

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 ...

SAN DIEGO--(BUSINESS WIRE)--SupplyPro, an inventory management solutions provider, today announced the release and availability of SupplySystem, the industry’s first modular industrial inventory ...

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.

One of the best ways to improve your company’s finances is to practice better inventory management. Inventory management is a crucial part of your operational approach. How you choose to implement and ...

The Department of Environmental Health & Safety has launched a comprehensive campus-wide chemical inventory system. This system has been developed to effectively monitor hazardous chemicals across UAB ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...