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Read the latest Inventory Management software articles, news and reviews.
Bin Location System: How to Set Up Warehouse Locations
By Sherman Hsieh | Nov 02 2026
Bin location system setup for distributors: naming conventions, fixed vs dynamic slotting, labels and check digits, putaway and pick rules, ERP and WMS. Read More
Warehouse Receiving Process: Steps, Controls and Software Support
By Sherman Hsieh | Nov 02 2026
Warehouse receiving process for US distributors: ASN vs blind receiving, OS&D and carrier claims, putaway, and how WMS and ERP post receipts and accruals. Read More
LIFO Reserve: How to Calculate It, Book the Adjustment and Disclose It
By Sherman Hsieh | Oct 30 2026
LIFO reserve explained: formula, journal entries, a worked dollar-value LIFO example, liquidation effects, the conformity rule, disclosure and software. Read More
Lower of Cost or Net Realizable Value: How to Apply the Inventory Write-Down Rule
By Sherman Hsieh | Oct 30 2026
Lower of cost or net realizable value explained: ASC 330 LCNRV vs LCM by cost method, a worked write-down, journal entries, tax rules and ERP support. Read More
Landed Cost Calculation for Importers: Formula, Allocation Methods and ERP Support
By Sherman Hsieh | Oct 30 2026
Landed cost calculation for US importers: formula, FY2027 MPF and HMF, allocation by value, weight or volume, late invoices and how ERPs handle it. Read More
Negative Inventory: Why It Happens in Your ERP and How to Stop It
By Sherman Hsieh | Oct 30 2026
Negative inventory in your ERP: trace shipping before receiving and unit-of-measure errors, fix COGS distortion, and turn on the settings that block it. Read More
Inventory Holding Cost Formula: Calculating Carrying Cost With a Worked Example
By Sherman Hsieh | Oct 30 2026
Inventory holding cost formula explained: capital, storage, handling, taxes, shrinkage and obsolescence, a worked example, EOQ, safety stock and ERP data. Read More
Inventory Shrinkage: Formula, Journal Entry and How to Find the Cause
By Sherman Hsieh | Oct 30 2026
Inventory shrinkage: rate formula, adjustment journal entry and COGS impact, how to separate theft from errors, benchmarks and ERP count controls. Read More
Excess and Obsolete Inventory: Calculating the E&O Reserve
By Sherman Hsieh | Oct 30 2026
Excess and obsolete inventory reserve explained: identify E&O stock, calculate the reserve, journal entries, SAB 5BB, Thor tax rules and ERP reports. Read More
Inventory Aging Report: How to Build and Use It, With a Template
By Sherman Hsieh | Oct 30 2026
Inventory aging report template with FIFO layer buckets, slow-mover flags and ASC 330 reserve inputs, plus where to find it in NetSuite, BC and Acumatica. Read More