Restaurant inventory is constantly in flux. Tracking inventory is essential for managers to know which foods are in the greatest demand, which kitchen supplies need replenishing and how much gets ...

Businesses may use two systems to maintain inventory records: perpetual and periodic. Now that computing systems that tie inventory and sales records together are widely available, most companies use ...

Creating a perpetual inventory system at a community hospital yielded net financial improvement of $4.5 million and $2.4 million in ongoing inventory reduction savings, according to a case study by ...

If you’re an e-commerce pro or small business owner, improving your inventory management can help you identify opportunities to free up limited capital. Beyond capital allocation, correct inventory ...

While most U.S. food retailers still replenish stock on their shelves by having an employee make the rounds with a handheld ordering terminal, a handful of retailers are automating the process.

The “most important” item in inventory is the one that you think you have, but discover is out of stock and unavailable. For manufacturing operations, managing inventory is no less important to the ...