Overhead Costs Definition, Classifications and Examples
Fixed overhead costs can include rent, mortgage, utilities, depreciation of assets, insurance, property taxes, annual salaries, and government fees.| Deskera Blog
Fixed overhead costs can include rent, mortgage, utilities, depreciation of assets, insurance, property taxes, annual salaries, and government fees.| Deskera Blog
Lean manufacturing has contributed to a 25 percent increase in productivity. Additionally, it has resulted in a 20 percent reduction in lead times [https://www.deskera.com/blog/lead-time]. Lean manufacturing is a business philosophy focusing on reducing production waste. It aims at improving efficiency and creating a better working| Deskera Blog
Avoiding expenses related to late deliveries improves a manufacturer's financial success. Running a business requires proper understanding of how long a task will take to finish. For daily tasks, long-term projects, and industrial processes alike, knowledge is power.| Deskera Blog
Cash flow refers to the money moving in and out of the business. Cash flows are found in operations, investing and financing functions of the business.| Deskera Blog
Sales is a set of activities and processes carried out to sell goods or services to potential prospects. Learn what is sales and how it works now!| Deskera Blog
Production planning is the process of deciding how a product or service will be manufactured before the manufacturing process begins.| Deskera Blog
Expenses in accounting are the cost of doing business, including a sum of all the activities that will hopefully generate profit for you.| 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
Procurement refers to activities carried out by businesses to acquire products and services. It assists to streamline costs, ensure quality, & reduce risk.| Deskera Blog
KPI, or Key Performance Indicator, is a measurable and achievable metric that helps businesses track progress and measure effort towards a desired objective| Deskera Blog
What's inventory all about? Get clear definitions, explore various types, and understand through examples. Manufacturing basics made easy.| Deskera Blog
A technique for predicting future demand for a product is demand forecasting. Managers use different approaches to predict demand forecasting more accurately| Deskera Blog
Inventory carrying costs refers to the cost incurred in the process of holding the unsold inventory. One of the topmost problems organizations have with inventory management is carrying costs. Inventory carrying costs include storage, shipping, handling, labor, insurance, taxes, item replacement, shrinkage, and depreciation. They are incurred when products are kept on the shelves in a warehouse, distribution facility, or retail location.| Deskera Blog
In business, sustainability refers to the ability of a company to operate in a manner that meets the economic, social, and environmental needs of the present while also ensuring its long-term viability.| Deskera Blog
A supply chain refers to the process designed to manufacture and sell the product, right from the supply of materials to the distribution and sale of the product.| Deskera Blog
Supply chain disruption is a term used to describe any event or situation that affects the normal flow of goods or services. This can include anything from a natural disaster, to a labor strike, to a pandemic.| Deskera Blog
A supplier in business can be described as a person or an entity that supplies goods and services. This is the part of the business's supply chain that provides the bulk value of a particular product.| Deskera Blog
Lead time is the total time taken from the initiation of an order until the goods are delivered and available for use or sale.| Deskera Blog
Customer loyalty is a metric to measure the willingness of a customer to maintain business repeatedly with a company or brand. It indicates that the customers are happy and satisfied.| Deskera Blog
Manufacturing is the process of turning raw materials into finished products. It involves steps like designing, production, assembly, testing, and packaging.| Deskera Blog
ERP software allows your business units to automate every tasks. Read this article to know what is erp and learn best practices to complete your business needs| Deskera Blog
