Inventory systems track the flow of raw materials, work in process and finished goods inventory from receipt to sale and shipment. Accountants use different methods of tracking inventory based on the ...

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 ...

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, ...