• Efex

  • By: Efex
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Efex

By: Efex
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  • Summary

  • Efex provides the latest news and sheds light on secrets about the warehouse, order fulfillment, and express in the cross border e commerce business
    Efex
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Episodes
  • Top 10 Disadvantages of perpetual inventory system

    Top 10 Disadvantages of perpetual inventory system
    Aug 1 2022
    Online business-enhancing software programs are excellent. They make sure that several crucial business processes are streamlined, which includes inventory management. Any company that would deal with physical products of various types in their business module must have inventory systems of some kind. An inventory control technique called the perpetual inventory system updates products each time …. View detail https://blog.efex.asia/disadvantages-of-perpetual-inventory-system/
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    2 mins
  • What Is The Difference Between Periodic And Perpetual Inventory Systems

    What Is The Difference Between Periodic And Perpetual Inventory Systems
    Aug 1 2022
    To estimate demand and avoid surplus stock, all companies must keep track of how much inventory they own. Therefore, every manufacturing company uses the inventory record system to maintain track of its inventory movements throughout the year. Inventory systems are classified into two types: periodic and perpetual. Each system has different advantages, so if you …. View detail https://blog.efex.asia/periodic-and-perpetual-inventory-system/
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    3 mins
  • Journal Entry For Obsolete Inventory: Example and Calculation

    Journal Entry For Obsolete Inventory: Example and Calculation
    Aug 1 2022
    Companies selling tangible goods and those engaged in maintenance and repair both need to keep track of their obsolete inventory. The quantity of obsolete inventory that a company has can be a key sign of whether inventory management and purchasing are being optimized or whether they need to be reevaluated. At this point, journal entry …. View detail https://blog.efex.asia/journal-entry-for-obsolete-inventory/
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    2 mins
Management Economics
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