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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. Hence it is typically used in the food industry.

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This Week in Logistics News (March 20 – 26)

Logistics Viewpoints

Dublin-based Evocco lets you track, improve, and offset the climate impact of your food purchases based on your receipt. Users photograph their grocery receipt using the Evocco app, which identifies the food products by reading the printed text and using machine learning.

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Coffee Shipping 101: Costs, Challenges, & How-to Ship

ShipBob

This change in the global landscape provided coffee lovers the opportunity to make purchases online whereas they may not have done so in the past. In order to remain competitive, it’s crucial for coffee companies to find cost-effective shipping solutions that can handle both domestic and international orders.