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 ...

If you own a business with inventory, you have to keep track of it. Many businesses use a point-of-sale system, also called a POS system that helps keep track of sales and inventory. But if you're a ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Inventory is the number and value of stock items a business possesses. It comprises finished goods ready for sale and raw materials awaiting or undergoing production. The value of inventory must be ...