Inventory is typically the largest balance sheet asset in most merchant companies. Accurate inventory is required to not only deliver timely and stellar customer service but also calculate ...

Inventory is a primary concern for just about all small businesses. Physical inventory is especially important if you deal in selling products. You must have an accurate count of all items so you know ...

If you run a business that requires the housing of inventory, the amount of inventory you keep on hand is tracked in your accounting system. Periodically, the inventory should be physically counted to ...

Learning how to manage inventory efficiently is critical to any business that sells physical goods. From timely ordering of supplies to tracking and storage, any mistakes can directly impact your ...

There’s no magic formula for knowing how much inventory to carry, but there are best practices and calculations to follow. Many, or all, of the products featured on this page are from our advertising ...

What do you know about inventory and inventory control? Whether you are a service shop or a major commercial/industrial ...

Starbucks is rolling out its latest AI-powered back-of-house technology with barista efficiency in mind. The Seattle-based coffee giant is working with NomadGo to roll out a custom automated inventory ...

Editor’s note: The coronavirus pandemic has made inventory testing a huge challenge for auditors, particularly for client entities with a March 31 fiscal year end. Audit firms are requiring staff to ...

If tossing spoiled products into the dumpster and paying suppliers’ restocking fees is costing your business money, here’s how to polish your inventory management approach and operate more sustainably ...

Several major retailers in the U.S. use a century-old accounting practice known as “the retail inventory method,” which relies on retail prices to estimate inventory, even though it fails to take full ...

NomadGo and Richtech Robotics are working towards bringing physical AI and Inventory AI together, laying the groundwork for end-to-end inventory automation Powered by NomadGo’s Inventory AI, Dex, ...