shortage costs Archives

July 7, 2017

3 Minute Read

When running a company, it is imperative to understand every reason for outgoing revenue and to try and find methods to reduce t......

Topic: inventory cost inventory management inventory storage shortage costs warehousing

May 27, 2017

3 Minute Read

Inventory is likely to be one of your biggest assets. Given the size of inventory on a typical business’ balance sheet, signif......

Topic: cloud computing holding costs inventory inventory cost inventory management software ordering costs shortage costs

April 18, 2017

3 Minute Read

There are three costs of inventory that should be carefully considered as they can drastically affect the bottom line without an......

Topic: holding costs ordering costs sales forecasting shortage costs supplier management