GoShip Blog

JUNE 3, 2022

Inventory valuation is the process of calculating the value of unsold inventory items at the end of an accounting period. The purpose of the valuation is to determine the amount that went into purchasing the inventory and to prepare the items for sale. How to calculate inventory using the FIFO method . If the LIFO may.

Inventory 52

Inventory Purchasing Skills Procurement Solutions Packing 52

Locus

MAY 20, 2024

This blog delves into essential acronyms and abbreviations, from BOPIS to WISMO, that are pivotal for optimizing supply chains and elevating customer satisfaction. This fulfillment method cuts down delivery costs of serving customers especially in dense cities. How to Improve Fleet Utilization?

Inventory Reduction 98

Inventory Reduction Logistics Network Optimization Software Cost Reduction Optimization Software 98

GoShip Blog

FEBRUARY 5, 2024

A few concepts can help you improve your stock management, review the cost of goods, and upgrade the cash flow. How does inventory affect cash flow? The Cost of Goods Sold (COGS) defines the correlation between inventory and your business’s cash flow. Businesses don’t have to automate purchases made to increase inventory.

Inventory 52

Inventory Tips Procurement Analytics Purchasing Skills 52

GoShip Blog

MAY 22, 2023

This blog post will cover everything you need to know about cross-border eCommerce shipping. From understanding the different types of services and costs associated with cross-border shipping to navigating the complexities of international regulations, we have you covered. If so, you’ve come to the right place!

eCommerce 52

eCommerce Optimization Software Purchasing Skills Eliminating Excel in Purchasing 52

GlobalTranz

AUGUST 4, 2015

At the end, we also include an infographic to go along with the research from LNS, who is a provider of regular research on their blog. Total Cost. The only meaningful measurement of total cost is on a cash basis. Total Cycle Time. We hope this post is helpful. . All others are subordinate.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. Cost of quality.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

Logistics Viewpoints

AUGUST 31, 2023

And I had some specific thoughts on how they could fix the problem. Please follow along with me as I share the stories and solutions in part 1 of this two part blog series. What’s the Actual Cost of a Mispick? That out-of-stock cost is hard to calculate because you often need to know what sales you didn’t make.

Distribution 135

Distribution Vendor Strategies How To Inventory Reduction 135