In-process inventory is work that has begun production in a manufacturing company but that has not yet been completed. It is an important concept for accounting departments because they have to ...

FIFO (first in, first out) is the most common method of accounting for inventory. It assumes that the first items in were the first items sold. When inventory is used to create products, there is ...

This article is based on my observations the last few years when I’ve been invited into factories looking for help to start (or too often restart) a continuous improvement (CI) strategy. The subject ...

In omnichannel and ecommerce companies, inventory management, including tracking and reserving inventory for orders, is crucial for maximizing sales and improving customer satisfaction. If you can’t ...

As a Field Inventory Specialist, I see the good, the bad, and the ugly of chemical inventory practices! An accurate chemical inventory is the foundation for your overall chemical management ...

All departments are required to perform a complete inventory of their capital equipment once per year. This process is an important control activity designed to safeguard the assets of the University.

With the release of Stealth Inventory v2, Coast Technology says the platform is bringing renewed focus to inventory as a ...

The Department of Environmental Health & Safety has launched a comprehensive campus-wide chemical inventory system. This system has been developed to effectively monitor hazardous chemicals across UAB ...

Leave blank to obtain all parent departments assigned to DIR or DIR2 or enter one parent department. If you have more than one parent department, and field is left blank, all inventory items will be ...