Ship Monk

SEPTEMBER 19, 2022

Back then you didn’t need to know about holding costs because Mom and Dad let you store your inventory for free. It wasn’t until your business took off and they kicked you out that you began incurring holding costs a.k.a. carrying costs, and needed to learn what those are. So what exactly is holding cost?

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

Ship Monk

DECEMBER 5, 2022

Could there be hidden costs you’re not accounting for in your pricing strategy? One of the most common mistakes direct-to-consumer (DTC) ecommerce brands make is failing to understand and track their true costs, a.k.a. landed costs. What is Landed Cost? Landed Cost vs. Cost of Goods Sold.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction eCommerce 52

WorkWave

FEBRUARY 20, 2024

As an electrical contractor, knowing how to estimate electrical work can make the difference between profit and loss. From reviewing job specifications to sending the proposal, this comprehensive guide will show you how to estimate electrical work the right way.

Negotiating Skills 52

Negotiating Skills Purchasing Skills How To Modeling Software 52

WorkWave

JUNE 17, 2024

Email Marketing Email marketing is a crucial tool for pest control companies as it enables them to generate leads, maintain relationships with customers, and drive repeat traffic. Understanding your sources’ value enables companies to measure ROI from all marketing efforts, ensuring effective resource allocation and aligned strategies.

Optimal Sourcing 96

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 96

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

Ship Monk

JUNE 30, 2023

We’re going to show you how to identify KPIs for your business by breaking the process down into three parts. Fortunately, most metrics are tracked automatically, using various tools and software systems. KPIs are one way to measure efficiency and compare costs. That’s not the hard part.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

WorkWave

AUGUST 5, 2019

Here’s how to start a cleaning business from the ground up. When you consider how to start a maid service, you might feel tempted to begin with staffing, but the best way to start is by doing most of the work yourself. Committing to sourcing and working for your first few clients on your own will ensure you keep your costs low as well.

How To 75

How To Procurement Solutions Modeling Software Purchasing Skills 75