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We are a team of software learning creators bringing you weekly software learning tips, operation education, and operation SOP tricks. Whether you are facing any business operation challenges on your business or you need a software solution to automate your business, we have you covered by helping you take your operation to the next level!
Material Requirements Planning System https://youtu.be/zc3G5NalnXE How can businesses coordinate their purchasing, manufacturing, and delivery systems? In this lesson, we\'ll explore material requirements planning systems, including what they are, their goals, and how businesses can use them. Manufacturing Susan owns a company that makes go-carts. They order parts (like wheels, metal, and engine parts) from ...
How Periodic inventory system Works? https://youtu.be/9i1cNEfGpOU Business owners use inventory systems to track and update inventory. This lesson defines the periodic inventory system, outlines its advantages and disadvantages, and demonstrates its use with an example. Periodic Inventory System For any business that carries inventory, or products stored for future sale, it is necessary ...
How Perpetual inventory system works? https://youtu.be/MfxEYBGIvEs How Perpetual inventory system works? | Perpetual Inventory System EXPLAINED! Businesses keep track of inventory through inventory systems. This lesson will focus on one type of system - perpetual inventory system. It will define perpetual inventory system, examine its advantages and give an example. Perpetual Inventory System Defined A ...
Periodic inventory system and perpetual inventory system https://youtu.be/4zDRsXEdy44 Inventory management is an important part of business success. In this lesson, we will discuss the two types of inventory systems used in accounting today. Periodic inventory system and perpetual inventory system After months of hard work and planning, Janie is in the final steps of ...
Just In Time (JIT) Inventory: Definition, Advantages & Examples https://youtu.be/-ftL8j_qnTk Just In Time (JIT) is a production and inventory control system in which materials are purchased and units are produced only as needed to meet actual customer demand. Just in Time Inventory Definition Just in time (JIT) inventory is a strategy to increase efficiency ...
What is capital expenditure https://youtu.be/h_yK1PZPkLA Businesses often make purchases that help them to maintain or grow their current operations. This is called capital expenditure. In this lesson, you will learn what capital expenditure is and examine its formula as well as some examples of it. What Is Capital Expenditure? Why does anyone buy new ...
