We constantly hear about inventory vs warehouse management. Many times, those two are also used as synonyms. But are they actually the same thing or is there a difference between them? Also, why are they important for businesses? Let’s dive into their differences, similarities, and their importance! What Is Inventory Management? Inventory management focuses on…
Tag: stock
Selling a Business With Inventory: How to Value Stock
Editor’s note: This post was orginally published in July 2019 and has been completely revamped and updated in June 2022 for accuracy and comprehensiveness. This is a guest post by contributor Marla DiCarlo. It outlines how inventory and its value should be approached in any company which handles stock. The business depends on keeping detailed…