For most kinds of business, expenses break down into product cost -- including inventory -- and period cost. If you run a business, distinguishing between types of inventory, other product costs and ...

If your small business engages in manufacturing, you should know three common manufacturing expenses. Many business owners make the mistake of estimating profits based on one manufacturing expense and ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Inventory management is now considered a prime candidate for automation as manufacturers target opportunities to reduce costs, accelerate product delivery and make the most out of experienced talent.