Inventory management is a critical skill for business managers and a major consideration for investors and economists. To understand the subtlety of this art, we can use a quantitative metric -- ...
The inventory turnover ratio shows how efficiently a firm has used its inventory. This is important in a small business, where storing excess inventory can be an unwanted burden and cost. Calculate ...
A company's inventory can consist of the raw materials needed to create finished products, the actual finished products, components like overhead and labor, and more incidental items like office ...
Maintaining inventory is a huge cost for many businesses, especially in the retail industry. The longer a product sits on store shelves, the more it deteriorates, and the greater the chances are that ...
In this post, we will show you how to calculate the expiry date in Microsoft Excel. Calculating expiry dates is a common requirement when working with Excel, especially for tracking inventory, ...
A free app from SolarWinds quickly calculates what it would cost to run your VMs on Amazon EC2, Windows Azure, and Rackspace Did you ever wonder how much it would cost to run your virtual ...
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 ...