Inventory control systems aim to ensure that you have an adequate supply of whatever it is you sell to meet anticipated demand, while at the same time avoiding costly "overstock" situations. Inventory ...

Multiple inventory control methods exist including aggregate control, item level control, ABC analysis, economic-order-quantity and lot-size methods. Small companies that find it difficult to ...

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.

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 ...

Inefficient inventory management can wreak havoc on your business. That’s why many manufacturers and suppliers use a cloud-based ERP inventory management control solution to identify in real time ...