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.

Any company that maintains inventory for sale or as part of a raw material supply must have defined inventory control policies. For most small businesses, inventory functions as the largest investment ...

You've heard it before: "I'm not trying to sell you anything," but then you find out they are. "I'm not trying to change your way of doing things," but then it sure sounds like they're knocking ...

Inventory is not a static line on a balance sheet. It is the living pulse of resilience across the enterprise. Yet many ...

Opinions expressed by Entrepreneur contributors are their own. In their book Start Your Own Business, the staff of Entrepreneur Media Inc. guides you through the critical steps to starting your ...

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 ...

ERP systems with built-in bar code interfaces make keeping track of inventory a snap. In a manufacturing environment companies are always looking to increase efficiencies, reduce waste, shorten lead ...