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Cost of Goods Sold Formula (with examples)

Unleashed

The Cost of Goods Sold formula is: Opening Inventory + Purchases + Production Costs – Closing Inventory = Cost of Goods Sold Below, we explain what the cost of goods sold (COGS) is, why it’s important for product businesses, and how to calculate COGS using the cost of goods sold formula.

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Five Foolproof Ways to Shorten the Cash Conversion Cycle

Precoro

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity.

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Supply and demand production challenges with new products

Kinaxis

The master production schedule suffers from very intense and short term production schedule variations and purchased materials unavailability. Alternative sources for parts. 1] International Journal of Engineering, Science and Technology, Vol.2, Setting of specific strategic safety stocks on critical components.

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Data is Essential for CPG Success

Enterra Insights

… With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. Data and advanced analytics. Data analytics and cognitive risk sensing are becoming increasingly important tools for organizations.” ”[2]. CPG industry and cognitive technologies.

Data 100
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5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

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Infor’s Acquistion of GT Nexus: If I Had a Magic Wand

Supply Chain Shaman

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The largest was the purchase of Lawson in 2011 for 2B$. I am not surprised.

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10 Greatest Supply Chain Management Books of All Time

Supply Chain Opz

Therefore, the challenge to establish ranking method is to find more economical data source and unbiased metric. The content is good then people refer to it often (number of citations is also used to measure the importance of journal articles aka Impact Factor). How about its counterpart in Europe?