Inventory Control Definition and Best Practices
03 Apr 2022
Inventory Control Definition and Best Practices - definition | best practices | control https://youtu.be/-INxqnEZt2A Inventory Control Definition and Best Practices Inventory control is the process of ensuring that there is the right amount of inventory on hand. Explore the definition and best practices of inventory control, and understand relevant factors, such as automation, ...
The Effects of Inventory Errors
03 Apr 2022
The Effects of Inventory Errors - errors | effect | inventory https://youtu.be/b-3vOQGrh_s The Effects of Inventory Errors Inventory errors occur when what one believes is in inventory differs from its actual content. The cause of inventory errors can be attributed to simple mistakes, and they lead to either overstated or understated profits. Learn ...
Calculate Ending Inventory Formula and Explanation
03 Apr 2022
Calculate Ending Inventory Formula and Explanation - ending inventory | formula | explanation https://youtu.be/VVrEug9T_6M Calculate Ending Inventory Formula and Explanation Inventory items are assets owned by a company (products, raw materials, & parts) for the purpose of selling. At the end of an accounting period, businesses calculate ending inventory to determine the financial ...
How to Fix Common Inventory Problems – Old Stock | Expiring Stock
03 Apr 2022
How to Fix Common Inventory Problems - Old Stock | Expiring Stock - old stock | expiring stock | inventory problems https://youtu.be/1-fMhsP3zww How to Fix Common Inventory Problems - Old Stock | Expiring Stock Let\'s look at a couple of situations that frequently happen in your operations. Old products: your company has too ...
What is Inventory? | The Basics of Inventory
15 Mar 2022
What is Inventory? | The Basics of Inventory - finished goods | work in process | raw materials https://youtu.be/VkBp6UPdCSA What is Inventory? | The Basics of Inventory When you turn on the faucet at home, what are your expectations? Water, right? In order to do that, the faucet, the pipes, and the city\'s ...
ABC Analysis
25 Feb 2022
ABC Analysis - inventory | analysis | annual usage https://youtu.be/1LRG16pE-_k ABC Analysis Not all inventory is the same. Therefore, you don\'t manage all inventory in the same manner. All inventory is important, but some inventory is more important than others. So, how do you distinguish between the important inventory and the not-so-important ...