Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Just-in-Time, or JIT, is a methodology that helps your business reduce waste in production. It is geared toward making just what is needed, when it is needed, and only in the amount needed. JIT was ...

An itemized list or catalog of the stock of a business There’s more to inventory control than simply buying new products. You have to know what to buy, when to buy it and how much to buy. You also ...

Inventory turnover is an indicator of a company’s revenue efficiency. It is the ratio defining how many times the inventory was sold and replaced in a given period of time. The inventory turnover ...

There are several types of indicators that are commonly referred to as asset-management ratios or asset-utilization ratios, which measure the efficiency with which a business uses its existing assets.

Opinions expressed by Entrepreneur contributors are their own. If you think your closet at home is disorganized, you don’t want to see what’s lying around H&M’s closet. The Swedish fashion giant is ...

Inventory is categorized as current assets, vital for quick sales conversion. Companies vary inventory based on type and seasonal demand. Understanding inventory aids in spotting investment risks and ...