Businesses that sell goods need to implement effective inventory control to keep track of assets. Businesses use two primary methods to calculate the ending inventory value: the gross profit or the ...

Multiple inventory control methods exist including aggregate control, item level control, ABC analysis, economic-order-quantity and lot-size methods. Small companies that find it difficult to ...

Inbound logistics is the company getting the materials and goods it needs, from ordering them from suppliers to storing them in its facilities. Inbound and outbound logistics are two sides of the same ...