Inventory is typically the largest balance sheet asset in most merchant companies. Accurate inventory is required to not only deliver timely and stellar customer service but also calculate ...

Just about everyone knows Microsoft Excel is a great tool for doing fast calculations in a worksheet. What small business owners don't know is that Excel can also count. Regardless of what kind of ...

If you run a business that requires the housing of inventory, the amount of inventory you keep on hand is tracked in your accounting system. Periodically, the inventory should be physically counted to ...

Q. I am trying to do some analysis regarding how many clients each of our departments serviced and how many of those clients were billed over a certain amount. I have our department/ client ...

Starbucks is accelerating its push into AI-powered back-of-house technology with the rollout of a new automated inventory ...

Real estate is usually the largest expense item in the P&L of a warehousing operation – whether a 3PL or a company owned one. As e-commerce penetrates an increasingly larger share of the retail ...

When you buy something from a retailer — an auto parts store, for example — the cashier typically scans items using barcodes. Then, those items are automatically deducted from the store’s inventory.

Physical inventory usually involves counting tags, doing data entry, reconciling any gaps, and other labor-intensive tasks to close the books. Around this time of year, most manufacturers block days ...

Several major retailers in the U.S. use a century-old accounting practice known as “the retail inventory method,” which relies on retail prices to estimate inventory, even though it fails to take full ...