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.

In the fifth edition of his book Retail in Detail, retail business owner and consultant Ronald L. Bond offers small-business owners an updated, no-nonsense guide to the world of retailing. In this ...

A management information system organizes all company data in a computerized database. As a business owner, you can retrieve data from all sections of your company including sales, manufacturing and ...

Inventory accounting uses either a periodic or perpetual method for reporting. According to the book "Getting the Count Right: Understanding Inventory Accuracy," perpetual inventory systems work best ...

Technology helps minimize parts inventory and free up capital. In June 2002, Anderson Erickson Dairies began using a new software system to manage the parts inventory of its 212-truck fleet. Four ...

July 14, 2006 -- Wilford Hall Medical Center (WHMC) of Lackland Air Force Base, Texas, successfully installed a computerized inventory system to support cardiology services provided by the United ...

COMPANY:Nikolaus Tank Lines Bakersfield, CA OPERATION:Petroleum tank fleet subsidiary of FleetCard Fuels delivers gasoline and diesel to retail outlets throughout California. Problem: While its parent ...

Opinions expressed by Entrepreneur contributors are their own. In the fifth edition of his book Retail in Detail, retail business owner and consultant Ronald L. Bond offers small-business owners an ...