Creating an inventory database provides you with a variety of useful data that goes well beyond listing what you have in stock. Having detailed inventory reports helps you spot trends, maintain ...

Microsoft Access is a database program that's widely used throughout the business world. Access can be effective as an inventory control system; companies can use the features and benefits of the ...

Inventory has been managed predominantly over enterprise resource planning (ERP) systems over past couple of decades. The widespread adoption of ERP systems ranges from multinational corporations to ...

Opinions expressed by Entrepreneur contributors are their own. In their book Start Your Own Business, the staff of Entrepreneur Media Inc. guides you through the critical steps to starting your ...

In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Note: This is the second article in an ongoing series on database marketing strategy that will outline an approach to understanding the details of building a world-class database marketing system—even ...

In the furniture industry, managing inventory efficiently is critical. Overstock ties up valuable capital and increases storage costs, while stockouts lead to lost sales and disappointed customers.

If tossing spoiled products into the dumpster and paying suppliers’ restocking fees is costing your business money, here’s how to polish your inventory management approach and operate more sustainably ...