Just-in-Time Inventory is an inventory management method that aims to provide inventory, raw materials, and workers only at the time of need.| Deskera Blog
A million-dollar question, literally and figuratively in every business, big or small, is “How much to order?”. EOQ helps answer this question. As a business owner, your main enemies are overabundance and/or shortage of goods. When you have inventory in large quantities sitting in your warehouse and no one| Deskera Blog
FIFO stands for First In First Out. FIFO in inventory valuation means the company sells the oldest stock first and calculates the COGS based on FIFO.| Deskera Blog
Inventory costs includes the cost to order & hold inventory & admin cost. Ordering, holding, carrying, shortage and spoilage costs are some common costs.| Deskera Blog
The Inventory Turnover Ratio is the number of times a company sells or replaces the inventory during a given period.| Deskera Blog
In this article, we cover the following topics such as the definition of customer retention, the formula to compute your retention rate, and how business can implement various strategies to improve on your numbers.| Deskera Blog
What's inventory all about? Get clear definitions, explore various types, and understand through examples. Manufacturing basics made easy.| Deskera Blog
Deskera is an emerging leader that provides integrated Cloud ERP suite for SMEs of India. It has all the applications that are required by organizations to mana| Deskera Blog
Understand the basics of stock classification. Find out how different types of inventory impact manufacturing and retail businesses.| Deskera Blog