Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Learning how to manage inventory efficiently is critical to ...

Learn about backorder costs, their impact on inventory management, and strategies for managing delays. See how to optimize business operations and customer satisfaction.

Most large companies have entire departments designated to monitor and track inventory. Additionally, smaller companies typically devote a lot of time to the process of tracking inventory. The reason ...

Inventory is not directly taxable as it is cannot be bought or sold. The carrying cost for inventory entails a few hidden fees, which are elements of business that's often overlooked by new ...

As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...

The trucking industry is seeing a parts shortage. Although it started with the truck makers having trouble sourcing computer chips and other parts and components for their assembly lines, it is now ...

The number of times a business sells and replaces its stock over a given time period is its inventory turnover ratio. The inventory turnover ratio, also sometimes called stock turns or inventory turns ...

Here's how Costco's inventory turnover ratio compares to other companies, and why a higher inventory turnover rate is a key advantage in retail. The inventory turnover ratio can be defined as the ...

Inventory financing is a good option for product-based businesses that may not be able to qualify for other loan options. Many, or all, of the products featured on this page are from our advertising ...