Inventory tracking systems have developed a lot over time. Many years ago inventory tracking systems consisted of manually writing down each inventory transaction on a file card known as a cardex.

Companies that manufacture and sell tangible goods, or resell products from other firms, must track and manage potentially hundreds of thousands of units of inventory. Using systems to control ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...