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 ...

In the fifth edition of his book Retail in Detail, retail business owner and consultant Ronald L. Bond offers small-business owners an updated, no-nonsense guide to the world of retailing. In this ...

If you maintain equipment, you've got spare parts on the shelf. And if you have parts on the shelf, a computerized maintenance and inventory management system is one of the best investments you can ...

Inventory accounting uses either a periodic or perpetual method for reporting. According to the book "Getting the Count Right: Understanding Inventory Accuracy," perpetual inventory systems work best ...

With supply costs as one of the two largest expenses for ASCs (the other being staffing), it is imperative for surgery centers to make improving inventory management an ongoing priority. To be ...

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 ...