Warehouse Inventory Management Tips

While warehouse inventory management is about arranging inventory so it can be found quickly, it ‘s also about maximizing productivity for labor costs savings and increasing inventory accuracy. Yes, there are plenty of good software products available in all...

LIFO and FIFO Warehouse Storage Systems

LIFO and FIFO are well known inventory valuation methods in accounting. In the accounting world, FIFO (first in, first out) and LIFO (last in first out) are costing methods used to value the cost of goods sold and ending inventory. With FIFO, the oldest inventory...