Inventory is typically the largest balance sheet asset in most merchant companies. Accurate inventory is required to not only deliver timely and stellar customer service but also calculate ...

Just about everyone knows Microsoft Excel is a great tool for doing fast calculations in a worksheet. What small business owners don't know is that Excel can also count. Regardless of what kind of ...

There’s no magic formula for knowing how much inventory to carry, but there are best practices and calculations to follow. Many, or all, of the products featured on this page are from our advertising ...

It's still possible to operate a business without a computer, but it would have to be a very small business and you'd definitely be doing things the hard way. Since you've likely got computers in your ...

Q. I am trying to do some analysis regarding how many clients each of our departments serviced and how many of those clients were billed over a certain amount. I have our department/ client ...

Editor’s note: The coronavirus pandemic has made inventory testing a huge challenge for auditors, particularly for client entities with a March 31 fiscal year end. Audit firms are requiring staff to ...

When you buy something from a retailer — an auto parts store, for example — the cashier typically scans items using barcodes. Then, those items are automatically deducted from the store’s inventory.

Real estate is usually the largest expense item in the P&L of a warehousing operation – whether a 3PL or a company owned one. As e-commerce penetrates an increasingly larger share of the retail ...

In a groundbreaking study, Chinese scientists have turned to advanced technology to map the nation’s forests and count its trees. Using LiDAR (light detection and ranging) drones, researchers have ...

You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Starbucks is rolling out its latest AI-powered back-of-house technology with barista efficiency in mind. The ...

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 ...