Business Tips
What does negative inventory do to your inventory control
A businesses’ inventory control can be adversely affected by inaccurate inventory records stemming from negative inventory. Negative inventory refers to the situation which occurs when an inventory count suggests that there is less than zero of the item or items in question. Below we summarise the key factors that may cause a negative invento ... Read More
July 21, 2017 inventory control, multiple warehouses, negative inventory, stock, stock control
Business Tips
What is negative inventory?
Negative inventory is a minor issue; the gap between your actual on-hand inventory and the stock recorded in your inventory system. ... Read More
April 27, 2017 educational, inventory management software, negative balances, negative inventory, stock count
Business Tips
The Key Drivers of Negative Inventory
Inventory is something a business can count, so it is surprising that inventory can be negative on paper or in an inventory management system. ... Read More
November 8, 2016 inventory reporting, manufacturing, negative inventory, stock movements, warehousing