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Recent Posts
FIFO VS LIFO: How to choose the right inventory costing method for your business
To be able to account for the inventory cost of a business, one must decide what method to use based on the inventory it typically handles. Managing inventory involves costing and while there are three ways to do…
Axel May Rivera Nov 26, 2019 -
Supply Chain Complexity: Understanding The Issue
What is a Supply Chain? Before we talk about the supply chain complexity, let’s break it down first. The supply chain is a network of organizations, people, operations, information, and resources involved…
Admin Nov 25, 2019 -
Business Inventory Management Challenges
Business inventory management is a challenge for many companies. Businesses regardless of size that handle inventory will reach a stage where they can no longer manage it manually. It comes to a point where the…
Admin Nov 22, 2019 -
The Modern FIFO Method, an App That Helps You Manage Inventory and Sales
First In, First Out Managing inventory and assets is among one of the most important tasks to do properly when it comes to business. After all, your inventory or assets are what you create or purchase to sell to…
Jalou Batilong May 29, 2015
Category: FIFO Inventory System
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