Opinions expressed by Entrepreneur contributors are their own. Inventory management is a balancing act. Too many of these and too few of those and suddenly your bottom line is shrinking and there’s ...

AKRON — Myers Tire Supply — a distributor of tools, equipment and supplies for the tire, wheel, and under-vehicle service industry — has launched MTS Xpress, a proprietary inventory management tool.

In a world where overconsumption is increasingly becoming the norm, it can be challenging to maintain all the things already in your home. In a 2019 press release, the selling app Mercari shared that ...

If your business requires maintaining an inventory, you might sometimes feel like you're walking a tightrope. Not having enough inventory means you run the risk of losing sales, while having too much ...

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 ...

There is a reason retailers close for a day a couple of times a year to take inventory. Proper accounting demands that any responsible business owner count everything in stock and write it down. And ...

The recent disasters sweeping the nation, from the torrential floods in North Carolina to the fires still raging in Southern California, showed how vital it is to have an evacuation plan because you ...

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.