Inventory Management

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Dictionary Says

Definition of 'Inventory Management'

The overseeing and controlling of the ordering, storage and use of components that a company will use in the production of the items it will sell as well as the overseeing and controlling of quantities of finished products for sale. A business's inventory is one of its major assets and represents an investment that is tied up until the item is sold or used in the production of an item that is sold. It also costs money to store, track and insure inventory. Inventories that are mismanaged can create significant financial problems for a business, whether the mismanagement results in an inventory glut or an inventory shortage.
Investopedia Says

Investopedia explains 'Inventory Management'

Successful inventory management involves creating a purchasing plan that will ensure that items are available when they are needed (but that neither too much nor too little is purchased) and keeping track of existing inventory and its use. Two common inventory-management strategies are the just-in-time method, where companies plan to receive items as they are needed rather than maintaining high inventory levels, and materials requirement planning, which schedules material deliveries based on sales forecasts.

Search results for

'Inventory Management'

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    ... Inventory is the Key In retailing, inventory management is the holy grail -
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  • Series 7 Study Guide - Portfolio Management - LIFO and FIFO ...

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    ... Email Email. Print Print. Order Reprints Reprints. Feedback Feedback. Portfolio
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    ... profit-margin ratios The Bottom Line On Margins.) Though it's not the only possible
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  • Business Plan: Your Organizational And Operating Plan ...

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    ... (For more, check out Starting A Business: Location And Licenses.). Supply
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  • 3 Reasons To Get True Religion

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    ... its peers. This can be attributed to the company's strong gross margins
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    ... to putting a lot more on the bottom line from only cutting a little more on the
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  • Best Buy Gets Run Over By A Reindeer

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    ... There's still room for Best Buy to preserve its big box model, but a successful
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  • Examining A Career As An Auditor

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    ... following: financial reporting; information technology; supply chain; inventory
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  • Operating Performance Ratios: Operating Cycle | Investopedia

    http://www.investopedia.com/university/ratios/operating-performance/ratio3.asp
    ... Our assumption is that this circumstance does not imply poor inventory management
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  • Series 7 Study Guide - Portfolio Management - Ratio Analysis ...

    http://www.investopedia.com/exam-guide/series-7/portfolio-management/ratio-analysis.asp
    ... Portfolio Management: 12.1 Introduction; 12.2 Diversification; 12.3 Capital Asset
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