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Vendor managed inventory refers to a business model in which the business informs the supplier about desired inventory. By fostering this communication, there is less of a chance that the business will go out of stock of the item.
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What is the difference between Replenishment Inventory and Requirements Inventory?
I am giving an answe on the basis of my Retail Experience..... In Retail supply Chain we are using a Vendor to DC and then DC to Stores......If we are replinishing our store from Distribution Center then it will be Relpenishment Inventory and Once we are purchasing from supplier to fulfill our requirment of DC that will called Requirement Planning.......
What are the benefits of using inventory software in a small business?
Inventory software is a big investment for a small business to run.. But if we look up for the benefits then it is valid that we spend that much money for it.. It saves time, energy, we can also have things automated and increases our time value.
What is the difference between ending inventory using LIFO and ending inventory using FIFO referred to as?
LIFO Reserve
When using a perpetual inventory system why are discounts credited to merchandise inventory?
The discounts reduce the cost of the merchandise inventory.
Is it necessary to take a physical inventory when using the perpetual inventory system?
Yes
What are the benefits of using Small Business Inventory Control Pro?
There are many benefits to using the software Small Business Inventory Control Pro. The biggest benefit to using Small Business Inventory Control Pro is the ability to efficiently organize inventory.
What are the benefits and drawbacks of using JIT?
share inventory
What are the benefits of using a managed server?
The main benefit of using a managed server is the increased productivity which results since others are employed to maintain the server. In addition, they offer an increased level of security.
What are the benefits of using drop shipping wholesalers?
The main benefit of using drop shipping wholesalers is that it allows one to not have to keep track of an inventory. This is so because the wholesale supplier that one is partnered with will manage the inventory.
What is the difference between Replenishment Inventory and Requirements Inventory?
I am giving an answe on the basis of my Retail Experience..... In Retail supply Chain we are using a Vendor to DC and then DC to Stores......If we are replinishing our store from Distribution Center then it will be Relpenishment Inventory and Once we are purchasing from supplier to fulfill our requirment of DC that will called Requirement Planning.......
What are the benefits of using inventory software in a small business?
Inventory software is a big investment for a small business to run.. But if we look up for the benefits then it is valid that we spend that much money for it.. It saves time, energy, we can also have things automated and increases our time value.
What are the benefits of using managed server hosting?
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What is the difference between ending inventory using LIFO and ending inventory using FIFO referred to as?
LIFO Reserve
When using a perpetual inventory system why are discounts credited to merchandise inventory?
The discounts reduce the cost of the merchandise inventory.
Is it necessary to take a physical inventory when using the perpetual inventory system?
Yes
When using the periodic inventory system the first closing entry will include a?
debit to the inventory account equal to the physical inventory amount.
What are benefits of using for nanochemcials?
what are benefits using for nanochemcial
