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 ...

Understand how small businesses are managing inventory effectively using Quickbooks and understanding stock levels ...

Learning how to manage inventory efficiently is critical to any business that sells physical goods. From timely ordering of supplies to tracking and storage, any mistakes can directly impact your ...

Just-in-Time, or JIT, is a methodology that helps your business reduce waste in production. It is geared toward making just what is needed, when it is needed, and only in the amount needed. JIT was ...

Inventory management is the process of tracking where your products are at all times and when to order more. These techniques can improve your inventory management process, independent of software.

Perishable inventory refers to items a company sells that lose their value over time until they eventually are rendered worthless. Whether it's milk that turns sour, a bouquet of flowers that withers ...

As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...

Inventory Turnover Ratio plays a pivotal role in understanding how efficiently a company manages its inventory. It measures the frequency at which a company sells and replaces its inventory within a ...