Editor’s Note: Tracey Smith is an internationally recognized business author, speaker and analytics consultant. She is the author of multiple books and hundreds of articles. Tracey has worked with and ...

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An itemized list or catalog of the stock of a business There’s more to inventory control than simply buying new products. You have to know what to buy, when to buy it and how much to buy. You also ...

Inventory management is the process of tracking where your products are at all times and when to order more. These techniques can improve your inventory management process, independent of software.

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 ...

Inventory systems vary greatly in their individual design, feature set and operations, but they all share one common trait-to make the counting, tracking and recording of inventory movements easier.

This post is brought to you in paid partnership with QuickBooks Small businesses manage inventory efficiently by keeping enough stock to meet demand while avoiding overstocking. To do this, they track ...