Inventory management is an important small business function. Inventory is usually the second largest expense for a business, outside of payroll. Business owners create processes for managing their ...

Make sure your 2024 business plan includes regaining control over inventory count – one of your manufacturing company’s most important metrics. Inventory inaccuracies can lead to stockouts, backlog of ...

Excess inventory ties up cash your restaurant could be putting to better use. Proper inventory management procedures help you become more efficient and only order supplies as they are needed. This ...

Background At Apex Tools (fictional name), a mid-sized supplier of specialized mechanical components, inventory management and safety concerns had long been interwoven issues. As demand surged, ...

Imagine walking into your favorite clothing store in search of a pair of pants that you saw online. You made the three-mile drive to the shopping center and braved the crowds only for the pants to be ...

DENVER - Some of the best reasons for having a properly managed inventory control system includes increased profits and having money in the bank. How so? David Rosenthal, a trainer with the Nexstar ...

The Federal Government's Inventory Management Policy and Procedures, recently approved by the UAE Cabinet, aim to document and standardise inventory procedures across federal entities and define the ...

Crutches have their proper place in the healthcare supply chain – primarily in the supply closet for the physical therapy unit. While there are instances in a hospital environment where consignment ...

When looking ahead to a new year, make sure your business plans include regaining control over inventory count — one of your manufacturing company’s most important metrics. Inventory inaccuracies can ...