Powerful planning processes provide the essential elements for business success through material management, lean operations, waste reduction and working capital optimization. It is not unusual to ...

GUEST OPINION: As a small business, you might not have the resources or budget of a more prominent company. Most likely, you're operating on a shoestring budget, especially in the first few years of ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Having the right product in the right place at the right time and in the right quantity—or the optimal inventory level—is blocking and tackling. Yet, many organizations struggle with the basics of ...

We’re living in retail times where the cost of making an inventory mistake is high. Consumers are selecting their products in a cautious and saturated market, whilst retailer operating costs such as ...

Many businesses need financing but aren’t sure if they have the kind of collateral to support a loan. The good news is that inventory can serve as collateral for lending. A business owner can use ...