Fleet Owner

Fleetio adds new options to inventory management software

Fleet maintenance software Fleetio has added new inventory valuation methods to its offerings: LIFO / FIFO (last-in first-out, first-in first-out). LIFO / FIFO is an accounting method for customers to ...
Houston Chronicle

Inventory Methods That Result in the Lowest Taxable Income in a Period of Decline

Inventory can consist of merchandise you prepare for retail sale or products you create from raw materials and labor. In either case, you don't expect to sell all your inventory in a single ...

Understanding Flow of Costs in Manufacturing: Methods and Examples

Learn how the flow of costs impacts manufacturing firms, covering raw materials, work-in-process, finished goods, and cost of goods sold with practical examples and methods.
Business Wire

Five Retail Inventory Management Methods That Can Help Retailers Streamline Operations and Tackle Surplus Stocks | Quantzig

LONDON--(BUSINESS WIRE)--Quantzig, a premier analytics solutions provider announces the completion of its recent article that offers comprehensive insights into five retail inventory management ...
Forbes

Reduce Your Retail Inventory Now Before Normal Sales Resume

Do you really need to offer every color in that shoe style OR have 12 diverse types of ketchup on your shelves? The days of abundant inventory offerings will be missed! Leaner inventory levels that ...
Investopedia

HIFO Accounting Explained: Differences With LIFO and FIFO

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 ...