article thumbnail

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. It thus ignores the effect of prices of goods and their purchase dates.

article thumbnail

Mindmap for Supply Chain Execution 24/7

Supply Chain Movement

Together with Consafe Logistics, a supplier of supply chain execution software, Supply Chain Movement has created this Supply Chain Execution Mindmap to outline the route, including road signs indicating potential hazards along the way. >>Please Liechtenstein. Luxembourg. Macedonia, The Former Yugoslav Republic of. Madagascar.

article thumbnail

KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Purchasing and supplier management. There is really nothing wrong with capturing a lot of metrics, especially with today’s powerful analytics software solutions to help. Later in this article we’ll look at some examples of functional and cross functional KPIs. Inventory management. Production/manufacturing. Warehousing.

KPI 94