The convergence of accelerating inflation and heightened tariff costs creates optimal conditions for adopting LIFO, but taxpayers need to understand the benefits and act promptly.

Learn how GAAP applies to a company's inventory reserves, using cost or market value methods, and its impact on accounting standards and financial planning.

New SaaS website platform lets dealerships go live in under 24 hours with built-in inventory sync and centralized lead ...

Inventory is not directly taxable as it is cannot be bought or sold. The carrying cost for inventory entails a few hidden fees, which are elements of business that's often overlooked by new ...

Most large companies have entire departments designated to monitor and track inventory. Additionally, smaller companies typically devote a lot of time to the process of tracking inventory. The reason ...

In industries such as retail, success depends on management's ability to make or buy the right amount of inventory and to move that inventory through the distribution system as quickly as possible.

Inventory financing is a good option for product-based businesses that may not be able to qualify for other loan options. Many, or all, of the products featured on this page are from our advertising ...

Chevy dealer inventory levels were ranked among the lowest in the U.S. auto market last month as sales pace decreased across the industry, per the latest data.

Inventory management can provide significant operational benefits for power companies. From forecasting, fueled by real-time data, to automated replenishment and supply chain continuity, digital ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Learning how to manage inventory efficiently is critical to ...

Here's how Costco's inventory turnover ratio compares to other companies, and why a higher inventory turnover rate is a key advantage in retail. The inventory turnover ratio can be defined as the ...