Inventory is a blanket term used to describe the goods that a business sells. For example, a car dealership's inventory consists of the cars that the dealership sells. A bakery's inventory consists of ...

As a manufacturer you must account for inventory in the form of raw materials (used to create their products), business supplies and finished products. Regardless of the type of manufacturing ...

The number of times a business sells and replaces its stock over a given time period is its inventory turnover ratio. The inventory turnover ratio, also sometimes called stock turns or inventory turns ...

Inventory turnover is a critical ratio that retailers can use to ensure they are managing their store’s inventory and supply chain well. It is one of the crucial KPIs used to measure the overall ...

Calculating the cost of goods sold gives a business insight into its performance and helps calculate profit. Many, or all, of the products featured on this page are from our advertising partners who ...

Inventory Boss continues its training series with a new guide on calculating safety stock, an essential skill for ecommerce inventory management. Understanding how to calculate safety stock is crucial ...

A high inventory turnover ratio typically means your business is managing stock efficiently. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

Inventory turnover is an indicator of a company’s revenue efficiency. It is the ratio defining how many times the inventory was sold and replaced in a given period of time. The inventory turnover ...

For companies that sell a product, inventory is a major consideration. The more inventory you have, the more money that’s tied up in a static product. Until you sell the product, that money isn’t ...