You may discover some of your raw materials have become so degraded that you can't use them. As part of your ending inventory calculation, subtract the value of unusable material from raw ...

Inventory Security Procedures. 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 ...

Material requirements planning (MRP) is a software-based integrated inventory and supply management system that companies use to estimate quantities of raw materials and schedule production.