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.

Inventory is a major asset on a small business's balance sheet and can tie up the often-limited capital resources for various periods. Effective inventory management control requires businesses to ...

Managing inventory for a small business is a balancing act with supply and demand on one side and costs on the other. Carrying too much inventory leaves a company with a larger dollar investment and ...