IMGCAP(1)]Inventory management is the practice of planning, directing and controlling inventory so that it contributes to the business' profitability. Inventory is an asset on the balance sheet that ...

Not a subscriber? Apply online today. At its core, inventory management sounds straightforward enough: order products, store them somewhere, sell them to your customers and restock them as needed.

Properly managing inventory requires a system of some sort. It doesn't matter if the system consists of writing inventory levels on the back of an envelope or using the most sophisticated radio ...

To deliver products to customers more efficiently, some organizations are managing inventory at their customer sites. Vendor-managed inventory (VMI) programs can be advantageous for customers because ...

DENVER - Some of the best reasons for having a properly managed inventory control system includes increased profits and having money in the bank. How so? David Rosenthal, a trainer with the Nexstar ...

Opinions expressed by Entrepreneur contributors are their own. In the fifth edition of his book Retail in Detail, retail business owner and consultant Ronald L. Bond offers small-business owners an ...

Change in the retail industry is occurring at such a breakneck pace that few retailers have the opportunity to take a moment to consider how emerging and disruptive trends are fundamentally ...

Last month at Winter Institute when Steve Bercu, president of BookPeople in Austin, Tex., said at a panel on “Surviving Hard Times” that he had cut his store's inventory by 55%, there was a gasp—even ...

Operational risks include addressing threshold viability in tier 2 markets and managing inventory complexity for perishables ...