Inventory management is an important small business function. Inventory is usually the second largest expense for a business, outside of payroll. Business owners create processes for managing their ...

Inventory planning and control are functions relating to inventory management. Business owners pay close attention to inventory as it usually represents the second largest expense in their businesses.

DENVER - Some of the best reasons for having a properly managed inventory control system includes increased profits and having money in the bank. How so? David Rosenthal, a trainer with the Nexstar ...