Inventory software should keep multi-location stock accurate, automate reorders, flag exceptions, and plug cleanly into your POS/ecommerce, accounting, and 3PL tools. Use this guide to match the right ...

Maintaining an accurate inventory count is essential for any growing ecommerce brand – but as operations scale, so does the complexity of tracking stock across multiple SKUs and locations. That’s ...

Inventory Turnover Ratio plays a pivotal role in understanding how efficiently a company manages its inventory. It measures the frequency at which a company sells and replaces its inventory within a ...

To determine the value of ending inventory and, ultimately, margins, many retailers have stuck with an accounting practice known as the retail inventory method — in some cases for more than 100 years ...

Learn about family business valuation, including its definition, types, and best practices. Gain insights on how to evaluate your family business's worth.

Several major retailers in the U.S. use a century-old accounting practice known as “the retail inventory method,” which relies on retail prices to estimate inventory, even though it fails to take full ...

What is Days Sales in Inventory? Days sales in inventory (DSI) is a metric in finance that shows the average number of days a firm utilizes to turn its inventory (including all works in progress) into ...

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 ...

AS 2 typically refers to “Accounting Standard 2,” which deals with the valuation of inventories. It provides guidelines for determining the cost of inventories and the methods to be used for their ...