Consignment inventory is goods placed in a store for sale, but ownership remains with the supplier until sold. But, how does it work? Read more in this blog.
Finished goods inventory is the last and arguably most important piece of inventory control. Learn how to calculate finished goods inventory right here.
What does backorder mean? A backorder is any product or service that requires another order because it can't be fulfilled when the customer requested it.
MRO inventory is often ignored. But do so at your own peril! Here's what MRO inventory is and some MRO inventory management best practices.
Just in time inventory can lower inventory costs and keep your business agile. Learn how to use a just in time inventory system and why you'd want to here.
VMI, or vendor managed inventory, is an agreement between vendors and buyers to share a little risk, a lot of data & the spoils of inventory management glory.
Dropshipping is a useful and cost-saving method of order fulfillment. But, what is dropshipping and how do you do it? We can answer that.
If you work with wholesalers, you've probably asked, "What is raw material?" Raw materials inventory is any item or product that's used to make a finished good.
Work in process inventory is everything your business is using to produce a finished good. It can be a double-edged sword, though. Learn how to use it here.
If you've worked in a warehouse, you've probably heard the term safety stock. Should you know how to calculate safety stock? The answer is yes. Read more now.
