Good inventory management requires at least 95 percent accuracy. This mandates regular inventory counts, which you can do by taking a random sampling of stock and seeing if you spot anything missing.

Beginning inventory is the book value of a company’s inventory at the start of an accounting period. It is also the value of inventory carried over from the end of the preceding accounting period.

Inventory Turnover Inventory turnover is the number of times a company sells and replaces its stock in a period of time. This can be measured at the total company, category or item level. Another way ...

Inventory turnover ratio indicates how efficiently a company is moving its inventory. Macy’s inventory turnover ratio declined to 3.08 in fiscal 2013, compared to 3.17 in the prior year.

APQC's research shows that inventory accuracy can do much more than just reduce inventory carrying cost and reduce stock outages. Efforts to improve inventory visibility can affect many logistics ...

The new tool, DV Attention for Publishers, provides inventory data, including more than 15 metrics across 10+ dimensions of inventory, the firm says. The goal is to supply publishers with “the ...