Tracking inventory expenditures is more than just good business practice. Properly accounting for the value of your inventory is required for tax reporting. Figuring the value of inventory may involve ...

While it's best to have everything in stock that a customer may need, it can be expensive buying and keeping items around that may be needed only rarely or which can grow obsolete before sale. One ...

Much of the biopharmaceutical industry this week is focused on the J.P. Morgan Healthcare Conference (JPM), where business leaders are investing in science and technologies with the potential to ...

Wondering about FIFO vs LIFO? Learn about the two inventory valuation methods and which one is best for you. There is more to inventory valuation than simply entering the amount you pay for your ...

Value assessments in health care tend to focus on pharmaceuticals rather than services and procedures, despite the outsized contribution of services and procedures to health spending. We use the term ...

When it comes to running a profitable QSR these days, how you count your inventory counts more than ever. It’s increasingly competitive in the entire restaurant field, but especially so for ...

Learn about shadow pricing, its role in evaluating non-market goods, how it aids in decision-making, and its application in business and public policy analysis.

A company’s inventory is often one of the largest assets on its balance sheet. Unfortunately, inventory doesn’t always ...

Kimberly Westrich, MA, of the National Pharmaceutical Council, explained how she envisions value assessment tools to be used in the US health care system in coming years. How do you envision the ...