Inventory is money -- it's either your money or someone else's money you borrowed. To ignore this simple fact is to tempt the invisible hand of business. Disciplined inventory controls keep costs low, ...
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 ...
No business owner or manager likes to write off inventory as a loss when the firm has paid good money for it. However, some loss of inventory is a normal part of doing business. Losses may be detected ...