How to use a Seasonality Index to improve your sales forecasts, a new video in the YouTube training series by Michael Weir, Founder of The Inventory Boss. Understanding seasonality and leveraging ...

How to optimize inventory order sizes and balance holding costs in ecommerce inventory management. A new video by Michael Weir, Founder of The Inventory Boss. Apart from the seller's forecast, the EOQ ...

All departments are required to perform a complete inventory of their capital equipment once per year. This process is an important control activity designed to safeguard the assets of the University.

How to Forecast Future Sales Demand with the Weighted Moving Average, the latest in a series of training videos by Michael Weir, Founder of Inventory Boss. The three-period weighted moving average is ...

Inventory is a major asset on a small business's balance sheet and can tie up the often-limited capital resources for various periods. Effective inventory management control requires businesses to ...

An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

Dealership parts managers face a daily challenge akin to a double-edged sword: Make sure technicians have the right part for the right vehicle at the right time to achieve same-day service, but ...

In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...

You've heard it before: "I'm not trying to sell you anything," but then you find out they are. "I'm not trying to change your way of doing things," but then it sure sounds like they're knocking ...