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.

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 ...

An inventory manager must be able to develop an effective inventory control system to manage customer demand. The demand for the product will control inventory costs, carrying costs, ordering costs ...

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 ...

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 ...

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 ...

COMPANY:Nikolaus Tank Lines Bakersfield, CA OPERATION:Petroleum tank fleet subsidiary of FleetCard Fuels delivers gasoline and diesel to retail outlets throughout California. Problem: While its parent ...