article thumbnail

8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Inventory costing is done by accountants so that the cost of goods available for sale is represented fairly on your income statement and balance sheet. Businesses that deal in physical goods should submit financial reports that are true and fair. Also, recent costs are reported in the ending inventory on the balance sheet.

article thumbnail

10 questions about the benefits of S&OP for your organisation

Supply Chain Movement

Some companies have a well-developed sales & operations planning (S&OP) process as a safeguard for structured decision-making. Those companies take an integral view of supply and demand, including the financial impact of mediumterm risks. The managers of such companies make results-based decisions and are truly at the helm.

S&OP 60
article thumbnail

KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Purchasing and supplier management. Why Do Companies Have Too Many KPIs? A KPI is a metric… but not just any metric. A KPI is a metric… but not just any metric. A KPI is a metric focused on a KEY element of business, departmental, or team performance. Inventory management. Warehousing.

KPI 94