Commissions do not affect our editors' opinions or evaluations. The cost of inventory can have a significant impact on your profitability, which is why it’s important to understand how much you ...

Lena is a freelance contributor to Newsweek’s small business team. A business owner herself, today she advises on business owners of all kinds on proper management, software, and tools to ...

How does that margin compare at sell-in time vs. end of season (including markdowns and unsold inventory)? This is a useful question as it’ll force you to review which products ...

Investopedia / Jiaqi Zhou Kanban is an inventory control system used in just-in-time (JIT) manufacturing. It was developed by Taiichi Ohno, an industrial engineer at Toyota, and takes its name ...