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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

Watch Video Tips. Inventory stock turns in Days. Inventory management. Inventory levels. I’ve literally seen KPI “packs” the size of phone books, and even KPI sets circulated as a monthly magazine… that no one reads. Remember what the K stands for! Do they directly support those objectives? Supply Chain KPI.

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