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.

Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...

The pandemic stressed the need for fleet managers to balance adequate stock with avoiding excess inventory. Ongoing issues like volatility and rising tariffs require fleet managers to stay informed on ...

Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices. I like to think of inventory accounting like ...

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 ...

Dr. Cyrus Hadavi is the CEO of Adexa, a leading AI-powered supply chain planning company with Fortune-class clients in five continents. Zero inventory may reduce overall cost, but it may decrease ...

There’s no magic formula for knowing how much inventory to carry, but there are best practices and calculations to follow. Many, or all, of the products featured on this page are from our advertising ...

Have you ever found yourself scrambling to find out which products are running low or when your next shipment is due? Managing inventory can be a daunting task, especially if you’re relying on ...

Editor’s Note: The SCM research project Right Sizing Safety Stock and Effectively Managing Inventory Using Forecastability, is authored by Ni Pan and Jamie Sweeney and supervised by Dr. Tim Russell ...

Over the past 12 months, many businesses stocked up on inventory to keep customer service levels high. In a volatile global supply chain landscape—unpredictable factory shutdowns, rising prices, ...