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The Importance of Product Packaging

The Importance of Product Packaging

Product packaging is very important, having good packaging affects perception and even makes customers come back again and again and remember your product, choosing the right product packaging is just as important as choosing the right shipping service, and many...

What are the 4 Main Inventory types

What are the 4 Main Inventory types

Inventory is one of the most important assets of the company and one of the main sources of revenue and subsequent profits for the shareholders of the company, and there are 4 basic types of inventory types, and therefore there is great importance to inventory...

Top 4 Inventory Management Trends to Know in 2022

Top 4 Inventory Management Trends to Know in 2022

There are a number of inventory management trends that all companies and employers must follow, and companies incur the costs of storage, tracking and securing inventory, and poorly managed inventories can create major financial problems for businessmen, whether...

Days outstanding inventory – days sales in inventory

Days outstanding inventory – days sales in inventory

Days outstanding inventory is one of the most important concepts that must be well understood, as it measures the average number of days that the company will keep in stock before it is transferred to actual sales, and this greatly affects the cash transfer cycle and...

Physical Inventory: types and Best Practices

Physical Inventory: types and Best Practices

Physical inventory is one of the most important forms of inventory. After the institution performs the routine work of accounting, which begins with recording in the journal, then posting to the ledger, and finally preparing the trial balance before the inventory,...