Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Wouldn't it be great if every time the roll of toilet paper was near the end, it would magically be replenished? While there is no such thing as a toilet paper fairy, there are inventory fairies.

A company's inventory is one of its most important assets. Inventory can be broken down into four categories -- raw materials, finished product, work in process and supplies. Raw materials are the ...

If you want to improve inventory management, you may find it helpful to focus on specific projects. By listing topics that would make good projects, you can tackle inventory management in small chunks ...