Inventory is one of a company's most important assets, or resources. It consists of the products a business has available for sale and, if the business is a manufacturer, the materials used to make ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

In my experience the most fruitful first step to take in developing an inventory strategy is to remove non-value added SKUs; SKUs that are more trouble than they are worth. With those SKUs removed, ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...