article thumbnail

Multi Currency ERP for Small Businesses – EMERGE App

EMERGE App

Why You Need to Deal with Multiple Currencies. Perhaps it should be “Multi-Currency Makes The World Go Round” in today’s mobile web world. As a wholesaler and distributor, I’m willing to bet that you’re dealing with at least two currencies for your purchases and sales. Adding Additional Currencies.

article thumbnail

Managing and Reporting Inventory in a Foreign-Trade Zone

QAD

Given the long list of FTZ benefits, including saving on Merchandise Processing Fees (MPF), reducing or eliminating duties, taxes, and tariffs, and allowing for tax-free storage of inventory while in the zone, it’s natural to wonder why more companies aren’t taking advantage of FTZs. In other words, what’s the catch?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Inventory Management Tips for Manufacturing SMBs!

Supply Chain Game Changer

Featuring Our 10 Best Inventory Management Articles! Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Subscribe Here!

article thumbnail

Changing Winds in Supply Chain

Supply Chain Shaman

Current supply chain systems either optimize volume or currency. An ongoing opportunity is bi-directional orchestration of currency and volume impacts with shifts in mix (types of products sold). Inventories are out of balance with demand and the rising need for write-offs. Chemical Sector Inventory Availability.

article thumbnail

Changing Winds in Supply Chain

Supply Chain Shaman

Current supply chain systems either optimize volume or currency. An ongoing opportunity is bi-directional orchestration of currency and volume impacts with shifts in mix (types of products sold). Inventories are out of balance with demand and the rising need for write-offs. Chemical Sector Inventory Availability.

article thumbnail

What Every CFO Should Know About Aligning Finance with the Supply Chain

Logility

Finance teams speak about business issues in terms of currency and margins, while supply chain operations make decisions based on volumetric conversations around units, capacity, and lead time. This information allows CSCOs to react to real-time differences between inventory levels, budgets, and fiscal projections.

article thumbnail

What is ERP, the problems associated with it and how to find the best inventory management solution?

EMERGE App

These challenges encompass Purchasing, Production Planning, Sales-Distribution, Inventory Management, Warehousing Management, Human Resource Management (HRM), and Finance. The importance of Inventory management in business Inventory management holds immense importance in business operations.