Microsoft Excel is a spreadsheet and data management application within the Microsoft Office software package. You can use Excel to record, arrange and calculate different data sets on your own or ...

Inventory management is something many service businesses struggle with as these businesses generally don't have a specific list of items used the same way a retail business does. The nature of a ...

Excel is a rich and intelligent software, and a good knowledge of how it works means you’ll be able to use it for many of your business needs, including creating a Point-of-Sale (POS) system. A good ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and ...

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 ...

An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.