Inventory management is critical if you want your business to operate efficiently and transparently. However, far too many businesses still make fundamental mistakes that unnecessarily compromise ...

Achieving equilibrium between cash flow and inventory demands meticulous planning from business owners. The average wait for payment from clients has stretched to about 29 days. With that type of ...

At this point in the game, every merchant should assume they’re competing with Amazon’s vision for the future. If you set that as the bar, you’ll achieve greater things than just incremental ...

Having spent 17 years in the business of accounting and financial analysis, it's upsetting to see how few founders understand their company's inventory turnover. And even fewer realize it's a problem.

From a pandemic-induced supply shock to a ship stuck in the Suez Canal, the past few years severely put the traditional Just-in-Time (JIT) approach to inventory under strain. Given the impossibility ...

Cash flow problems are some of the most common difficultiessmall businesses encounter, and they are usually the first signs ofserious financial trouble ahead. Tying money up in inventory canseverely ...