As a business owner, you need to know how to calculate how much inventory to carry on average as doing so will prevent costly shortages. Avoid this by calculating your inventory shortage and average ...

PAR stands for periodic automatic replacement. It allows restaurants to determine the minimum amount of crucial inventory to keep on hand. Restaurants that do it right have fewer shortages and more ...

Small-business owners can save money for marketing, equipment upgrades or cash reserves by not accumulating more inventory than they need at any one time. Knowing how much inventory you need to avoid ...