article thumbnail

8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Thus, it comes as no surprise that modern inventory management solutions, such as EMERGE App , are based on these sound FIFO principles. Penelope also provided the following production summary from her accounting software package: Beginning Inventory 0 units. It thus ignores the effect of prices of goods and their purchase dates.

article thumbnail

Mindmap for Supply Chain Execution 24/7

Supply Chain Movement

Together with Consafe Logistics, a supplier of supply chain execution software, Supply Chain Movement has created this Supply Chain Execution Mindmap to outline the route, including road signs indicating potential hazards along the way. >>Please Liechtenstein. Luxembourg. Macedonia, The Former Yugoslav Republic of. Madagascar.

article thumbnail

KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Purchasing and supplier management. Warehousing. There is really nothing wrong with capturing a lot of metrics, especially with today’s powerful analytics software solutions to help. Later in this article we’ll look at some examples of functional and cross functional KPIs. Inventory management. Transportation.

KPI 94