Does it Matter to the Consumer If You Use LIFO or FIFO
FIFO or LIFO [fusion_text]The type of inventory system that a company uses will always have an impact on the consumer. This is the case if they use either LIFO or FIFO system. The major difference between the two in control of inventory and classification is…
FIFO and LIFO Methods of Inventory
[fusion_text]FIFO (first-in, first-out) and LIFO (last-in, first-out) are the most common inventory valuation approaches used by business enterprises to account for the value of items sold. FIFO: This approach involves accounting for the value of inventory a company receives first when items are sold. It…
5 Signs It’s Time to Change Your ERP System!
Who is one step ahead of the game? Who changes things when it’s needed rather than waiting until it’s too late? Those in the know! There are some real tell-tale signs that you need to change and upgrade your ERP system. Old, out of date…
Planning Your Warehouse Layout
Planning Your Warehouse Layout When planning a new warehouse layout or making existing warehouse design changes to support a new product, there are some important decisions to be made that will directly affect the results of your warehouse project. A comprehensive assessment of warehousing goals…
Benefits and Drawbacks of Cloud-Based vs. Traditional ERP
[imageframe lightbox=”no” style_type=”none” bordercolor=”” bordersize=”0px” borderradius=”0″ stylecolor=”” align=”none” link=”” linktarget=”_self” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ class=”” id=””] [/imageframe][fusion_text] When it comes to determining the best options for ERP systems and how they best facilitate the back-office functions that can certainly help your business function with the greatest…
Tips for Supply Chain Integration
Supply Chain Integration Supply chain management may not be a simple task. Yes it can be tricky at time but supply chain integration is an effective way to enhance the performance of an organization. In this article we will share few tips with you that…
Old Software is bad software
Old Software is bad software Applications now play a vital role in several key business operations. To get the desired results you need to ensure that all the software and applications in use are of the latest and the most stable versions. Several vital financial…
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