What is the Bullwhip Effect? | Meaning, Example And Impact
What is the Bullwhip Effect in Supply Chain Management? Bullwhip effect in supply chain management is a phenomenon where a small variation in demand at the customer level leads to
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What is Inventory Holding Costs? | Meaning, Calculation & How to Reduce
What is Inventory Holding Cost? Inventory holding costs are the various costs a business incurs to store unsold inventory in a warehouse, which includes raw materials, work in progress inventory,
What is Push and Pull Strategy in Manufacturing? | Meaning, Advantages And Examples
What is Push and Pull Strategy in Manufacturing? Push and pull strategy are two distinct manufacturing systems that help determine when the goods need to be manufactured to cater to
How to do FOC Test Inventory Management in Sage X3
In many businesses, customers often request a sample of the product they are interested in before making a purchase decision. To attract prospective customers, companies maintain a sample inventory of
What is AI in Supply Chain? | Meaning, Advantages And Future Trends
What is AI in Supply Chain? AI in Supply Chain refers to the use of advanced machine learning and artificial intelligence algorithms to facilitate insightful data-driven decisions, mitigate potential risks
What is a Product Portfolio? | Meaning, Types And Examples
What is a Product Portfolio? Product Portfolio is a high-level overview and a collection of all the products offered by the company, along with other supportive information such as their
What is Cross Docking? | Definition, Types And Benefits
What is Cross Docking? Cross Docking is a logistical model that involves setting up dedicated docking terminals to facilitate a steady stream of customer-ready goods by directly unloading them from
Stock Count Activity in Sage X3
Steps for Stock Count Activity in Sage X3 Kindly follow the below steps to do the Stock Count Activity : 1. Deallocate all stock i.e. for (Sales, Subcontract, Manufacturing) 2.
What is Minimum Order Quantity (MOQ) | Meaning, Formula And Benefits
What is MOQ? Minimum Order Quantity (MOQ) is a limit imposed by manufacturers on the minimum number of units or the total order value of a product that wholesalers or
What is Salvage Value? | Meaning, Benefits And Formula
What is Salvage Value? Salvage Value (also called Residual Value or Scrap Value) is the estimated worth or the estimated resale value of an asset at the end of its
How to change the font in Sage 300 standard reports
If you encounter a concern regarding Font type after upgrading an existing Sage 300 system or a completely new installation, then today’s blog is for you. Steps to change the
Indian Accounting Standards: A Complete Overview on IND AS
What Are Indian Accounting Standards? Indian accounting standards Ind AS are a series of accounting principles developed along the lines of International Financial Reporting Standards (IFRS), enabling Indian entities to