In business, inventory management refers to all decisions regarding how inventory is ordered, shipped, stored and sold. For companies that distribute a wide number of products, storage and ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

An itemized list or catalog of the stock of a business There’s more to inventory control than simply buying new products. You have to know what to buy, when to buy it and how much to buy. You also ...

When discussing turnover in relation to inventory, it is a reference to how quickly the company is pulling in product sales. To determine inventory turnover, you need to keep close track of the ...

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 ...

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