Learn about backorder costs, their impact on inventory management, and strategies for managing delays. See how to optimize business operations and customer satisfaction.

Understanding the cost of your inventory isn’t just about keeping numbers straight; it’s about gaining insights that drive profitability, improve operational efficiency and enhance decision-making.

The pandemic stressed the need for fleet managers to balance adequate stock with avoiding excess inventory. Ongoing issues like volatility and rising tariffs require fleet managers to stay informed on ...

RUNNING an efficient supply chain system comes with countless challenges, but few are as persistent as inventory management challenges. RUNNING an efficient supply chain system comes with countless ...

Not a subscriber? Apply online today. As firms deploy their inventories across multiple continents to serve growing markets, the costs of transportation and the direct impact of transportation modal ...

The struggle to achieve lower food costs plagues many restaurant owners. And unfortunately, this problem is only getting worse, with 90% of restaurants facing higher food cost percentages than the ...

Lovesac drove an $11 million reduction in inventory by relying on evergreen stock and other supply chain efficiencies without compromising delivery times, according to the company’s fourth-quarter ...

Today’s average manufacturing company carries thirty days more inventory than at the beginning of the 2007 recession. As inflation takes its toll on cash cycles and the levels of inventory increase, ...

Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices. I like to think of inventory accounting like ...

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 ...