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Inventory is one of the important aspects of any business. Any miss with your inventory movement can disrupt your business turnover. Therefore, it is...

Inventory

Very often in businesses, words like stock and inventory are used interchangeably. They are both used in the context of the products that the...

Inventory

What is Inventory Control? – All You Need To Know About Stock Control Inventory control incorporates many functions such as purchasing, shipping and receiving,...

Inventory

What is Inventory management? Inventory management is an efficient way to deal with sourcing, putting away, and selling inventory—both raw materials (parts) and finished...

Inventory

What is inventory valuation?  Inventory valuation is the method to determine the value of the unsold stock at the time of preparing financial statements....