Managing inventory for a small business is a balancing act with supply and demand on one side and costs on the other. Carrying too much inventory leaves a company with a larger dollar investment and ...
How to optimize inventory order sizes and balance holding costs in ecommerce inventory management. A new video by Michael Weir, Founder of The Inventory Boss. Apart from the seller's forecast, the EOQ ...
The purpose of an inventory control system is twofold. The primary function is to ensure that a small business meets customer needs -- that products are available when customers want them. But proper ...