Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Eric's career includes extensive work in both public and corporate accounting ...

Have you ever found yourself scrambling to find out which products are running low or when your next shipment is due? Managing inventory can be a daunting task, especially if you’re relying on ...

Inventory for eCommerce and other types of businesses is crucial, and keeping track of it is even more important. Thankfully, we have Microsoft Excel that will enable you to manage your inventory ...

Tracking inventory trends helps you determine a quantity that's vital to your business's success: the amount to order for each of your products. If this quantity is too high, your cash is ...

Have you ever found yourself scrambling to locate stock details or manually tracking inventory across endless spreadsheets? For many businesses, inventory management feels like a juggling act, one ...

Microsoft Excel software has a conditional formatting element that compares values between cells. This feature allows inventory clerks to set a minimum number of units as they compare value for a ...

A healthy inventory turnover ratio (ITR) shows you manage your inventory effectively. When products sell quickly, you free up cash to reinvest in your business growth. Smart inventory management also ...

The inventory turnover rate (ITR) is a key metric that measures how efficiently a company sells and replenishes its inventory over a specific period, typically a year. This ratio helps businesses ...