Inventory control risks affect all companies regardless of how much inventory the company carries. A small business typically has a large amount of its cash tied up in inventory. With such a large ...

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 ...

As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...

As the administrator of five busy surgery centers in the Memphis, Tenn., area, I am charged with the responsibility for operating cost efficient facilities that provide high quality care. As I strive ...

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.

In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

A smart inventory device that makes managing supplies effortless—improving productivity, profitability, and patient care. SCOTTSDALE, Ariz., July 14, 2025 /PRNewswire/ -- CUBEX®, the market leader in ...