Types of Inventory + Examples of Each Type
In accounting, there are 3 main types of inventory are raw materials, work in progress (WIP) and finished goods.| Retail Dogma
In accounting, there are 3 main types of inventory are raw materials, work in progress (WIP) and finished goods.| Retail Dogma
What is retail cost and how the term is used in retail management. Learn about the different uses and best practices| Retail Dogma
A comprehensive online retail math course. Learn the key formulas used in merchandising, buying, pricing, sales, loss prevention and financials| Retail Dogma
Beginning inventory is the value of inventory at the beginning of an accounting period. It is also known as opening stock| Retail Dogma
Ending inventory is the value of goods available for sale at the end of an accounting period. Learn how to determine its value.| Retail Dogma
Explaining the balance sheet of a retail business, and why you should look at the P&L and the balance sheet together? + Free Download| Retail Dogma
Learn P&L management: Definition, components, importance and what it means to be "managing P&L" as a business manager or owner| Retail Dogma
A comprehensive online retail budgeting course. Learn the step by step process and practice on simulated store data. Receive certificate of completion| Retail Dogma
The different types of gross margin (intake vs realized) explained in details, and how to use them in sales, buying budgeting & planning.| Retail Dogma
Stock obsolescence happens when inventory has been sitting on a company’s books for a very long time without being sold. Learn more!| Retail Dogma
