Opinions expressed by Entrepreneur contributors are their own. In the fifth edition of his book Retail in Detail, retail business owner and consultant Ronald L. Bond offers small-business owners an ...

Inventory accounting uses either a periodic or perpetual method for reporting. According to the book "Getting the Count Right: Understanding Inventory Accuracy," perpetual inventory systems work best ...

Companies that manufacture and sell tangible goods, or resell products from other firms, must track and manage potentially hundreds of thousands of units of inventory. Using systems to control ...

In the fifth edition of his book Retail in Detail, retail business owner and consultant Ronald L. Bond offers small-business owners an updated, no-nonsense guide to the world of retailing. In this ...

If you maintain equipment, you've got spare parts on the shelf. And if you have parts on the shelf, a computerized maintenance and inventory management system is one of the best investments you can ...