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

Depending on the business, inventory typically represents 45 to 90 percent of total expenses. Efficiently managing this inventory is one of the most critical tasks of business management. Inventory ...

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.

The purpose of an inventory control system is twofold. The primary function is to ensure that a small business meets customer needs -- that products are available when customers want them. But proper ...

Inventory control ensures that a company's inventory level meets predetermined standards of services and can release enough funds for working capital. Strategic inventory is the inventory without ...

Inventory software programs now on the market let you track usage, monitor changes in unit dollar costs, calculate when you need to reorder and analyze inventory levels on an item-by-item basis. You ...

For anyone selling truck parts, managing inventory is the most basic part of the business. Automated inventory systems have been in use in the aftermarket business for years , but today they are ...