Inventory cost often is the primary concern when dealing with inventories. Companies not only want efficient inventory cost management, but also need appropriate financial reporting on inventory cost.

Ahead of next week’s NADA Show 2023 in Dallas, vAuto is introducing enhancements to its flagship inventory management solution, ProfitTime GPS, which can help dealers achieve “superior” profitability.

Decision rules for inventory control are designed to eliminate the uncertainty related to the prevailing economic environment. Businesses of all sizes must have positive control over inventory to ...

Inventory management is a crucial function for any product-oriented business. First in, first out (FIFO) and last in, first out (LIFO) are two standard methods of valuing a business’s inventory. Your ...