Inventory tracking is pivotal to inventory control. If you don't have an efficient inventory tracking system in place, you'll suffer. Master the essentials now.
Inventory costing methods—AKA inventory valuation methods—put dollar amounts on your stuff. That's crucial to your company's financial health.
What is lead time? In this blog post, you’ll learn about the lead time definition and formula and how it affects inventory management in your business.
Days inventory outstanding is the average number of days inventory sits before being sold. Use our inventory days formula to calculate days inventory outstanding.
Common knowledge states that an inventory turnover rate below 5 isn't very good. Learn how to calculate inventory turnover ratio for your business here.
ABC inventory analysis helps business owners make more informed decisions about inventory. Done properly, ABC analysis can lower costs and increase profits.
Inventory cycle count is one of the most important parts of any business. Read now to learn what cycle inventory is and how to control it to your advantage.
Bulk shipping keeps our world supplied with goods from cars to computers to cereal. Here's what to know about bulk shipping, dry bulk shipping, and more.
Kitting has become a popular method of lowering shipping costs and increasing sales. We'll explain what is kitting and the kitting process in this blog post.
Pipeline inventory, AKA in transit inventory, or goods in transit, is a crucial part of inventory management. Learn how to manage it with the strategies here.
