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Your Expert Guide to Inventory Audits: Best Practices & TipsĀ 

ShipBob

Using an inventory management software can help you keep track of inventory during physical inventory counts. Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years.

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Reverse Logistics: What is it, and Why is it So Important?

Unleashed

Reverse logistics is the process of goods returning to their point of origin ā€“ back from the purchaser to the manufacturer or supplier. How can smart software assist your reverse logistics programme? More people are likely to purchase goods from an online store if they know they can easily return products that donā€™t suit.

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20 Powerful Business Apps Accountants & Advisors Need to Know

Unleashed

But it can also be overwhelming when it comes to finding the right tools and applications for your clientā€™s business (or your own). To make things simple weā€™ve put together a list of the best business software tools on the market right now. A2X A2X is accounting software specially designed for eCommerce businesses.

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The Secret to Rapid Digitisation: A Dual Platform Strategy

The Logistics & Supply Chain Management Society

With full visibility and productivity related metrics maintained at the corporate level, all levels of management have access to real-time data simultaneously, and can monitor daily operations as they happen, addressing issues or errors immediately. Reducing volume purchasing cost by 10 to 20%. Chris is based in Australia.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

Because they are focused on ironing out weaknesses in the supply chain, a 4PL partner can help minimise costs by finding the best solutions for the lowest price. It is predicted to reach $78,981.5 This outsourcing allows the company to focus on its core manufacturing business and higher-value projects. million USD in 2019.

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26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics technologies such as robotic warehouse systems make automation a reality, while drones improve last-mile delivery capabilities and better tracking with tools like RFID tags improve visibility throughout the supply chain. These technologies also contribute to a rise in big data and analytics in the logistics field.