Inventory Management Systems
Look at any large successful retailer today and you will be astounded at the sheer numbers involved. Wal-Mart alone carries items manufactured in over 70 …
Archive by category Inventory Management
Consignment Stock
Consignment stock is goods which are stored at one location, such as a business or a warehouse, but are legally owned by a different company such as a …
MRP Inventory Management
Manufacturing can be a highly detailed, highly complex process that requires specific planning. Material Requirement Planning (or MRP) is an inventory system …
Inventory Accounting
Inventory accounting is the method by which a business determines the value of assets both for financial statements and tax purposes. Inventory is comprised of …
What is Logistics Management?
Logistics refers to the movement of material goods, people or energy from a point of origin to the consumer. Logistics management involves optimizing every …