Inventory is a major asset on a small business's balance sheet and can tie up the often-limited capital resources for various periods. Effective inventory management control requires businesses to ...

Inventory management is essential for a business to succeed. Good management of your company's stock decreases excess inventory and ensures that you have enough product on hand to meet customer demand ...

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.