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8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Inventory costing or valuation is an accounting concept that has a direct impact on your gross profit and thus taxable income. Methods of valuing inventory are simply different cost-flow assumptions about how to allocate your cost of goods available for sale. We’ll start by explaining why inventory costing is important.

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Inventory stock turns in Days. Inventory management. Purchasing and supplier management. Inventory levels. But in Supply Chain you would normally expect to see the following standard set, along with those that are more specific to your business needs. DIF – Delivery in Full. DOT – Delivery on Time. Warehousing.

KPI 94