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You are currently viewing blog posts in the "Inventory Management" category.

Average Inventory Formula: Definition, Calculation & Usage Areas

Nov 11, 2021

A person who runs a business, no matter big or small, understands that inventory management is crucial for competitive...

Oct 22, 2021

Every company whose business involves the management of stock should be familiar with inventory-related terminology....

Sep 13, 2021

eBay Dropshipping: Benefits, How It Works & What to Expect Running an online business has become one the largest...

Jul 18, 2021

One of the most important calculations to factor in when running a business is the concept of margin. A margin...

Jul 6, 2021

Days sales in inventory, also known as inventory outstanding, refer to the number of days it takes for stock to turn...

Jul 4, 2021

Forecasting: What is Forecasting and Why is it Important for Businesses Today's business world requires an agile...

Jun 27, 2021

A perpetual inventory system is an inventory management accounting method designed to update all the relevant...

Jun 20, 2021

Ending Inventory Key Takeaways If you're an interested businessman and sell goods, you've most probably heard about...

Jun 3, 2021

In this article, we explore the concept of "Economic Order Quantity" (EOQ), a crucial formula in inventory management....