In most small businesses, inventory reflects a significant percentage of assets. No matter how much emphasis you place on accuracy, your inventory records are likely to reflect discrepancies when you ...

Inventory is a large part of the auditing process for companies with physical goods. Inventory is a substantial portion of total assets for many companies. In addition, there are many complex ...

Businesses that struggle with inaccurate inventory data, large year-end adjustments of physical inventory results, or a lengthy annual physical inventory process should consider adopting a cycle ...

For those of you who still shut down your facility once or twice a year to review inventory, I have to ask why. With cycle counting, there is no need for such disruption. The best way to ensure ...

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 ...

Avoiding excessive inventory carrying costs requires maintaining accurate inventory records. One of the most efficient ways to maintain that accuracy is by ...

Make sure your 2024 business plan includes regaining control over inventory count – one of your manufacturing company’s most important metrics. Inventory inaccuracies can lead to stockouts, backlog of ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When looking ahead to a new year, make sure your business ...