Obsolete inventory refers to items in a company's inventory that are no longer in demand or have lost their market value. These products may have become obsolete due to changes in technology, consumer preferences, or other factors that have made them irrelevant or unattractive to buyers.| Deskera Blog
All In One Business Software with Accounting, Inventory, CRM, Payroll and HRMS.| Deskera
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
Safety stock is an extra quantity of a product that is stored in the warehouse to prevent an out-of-stock situation, and retain customers.| 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 schedule enables organizations to respond to changing market conditions, adapt to customer needs, and make informed decisions that drive operational excellence.| Deskera Blog
Here's an in-depth guide on inventory management to help you optimize stocking and warehousing. Learn about benefits, techniques, and different challenges.| Deskera Blog
Inventory control is monitoring & managing a company's inventory and warehouse by keeping up the stock at desired levels.| 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
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
A technique for predicting future demand for a product is demand forecasting. Managers use different approaches to predict demand forecasting more accurately| Deskera Blog
Use Deskera MRP software to calculate production costs, track inventories, plan purchasing & production, and streamline operations for maximum efficiency| Deskera
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
Deskera Cloud ERP software:The best software solution for business efficiency, cost reduction and decision making. Deskera ERP is one of the top ERP software.| Deskera
Manufacturing is the process of turning raw materials into finished products. It involves steps like designing, production, assembly, testing, and packaging.| Deskera Blog
Implement a manufacturing ERP to improve efficiency and productivity, enhance resource planning, cost reduction, and enhance operational visibility| Deskera Blog