Large companies use a variety of inventory control theories and mathematical formulas to help them optimize the production and storage of many thousands of units of products and to help them minimize ...

FILTER works well with other Excel functions like SORT and UNIQUE to create powerful data management combinations. You can nest FILTER inside SUM or AVERAGE formulas to calculate values from filtered ...

Array formulas let you perform calculations across entire ranges of data in a single formula. Hence, you can handle lightning-fast lookups, filtering, and sorting with just one po ...

It's not always easy to make inventory management a priority, but if you let it slip it can take down your whole operation. Knowing how to find the just-right balance between sales and inventory is ...

Critical inventory is the minimum amount of inventory you should have on hand. Knowing this number is crucial to running a business effectively, because you need to keep inventory costs as low as ...

Computer vision is helping the chain keep track of its in-store inventory and may be used to automate some stock ordering.