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Since the pandemic it has become readily apparent that our global supply chains are very complex, and in some cases, very ...
Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices.
“The inventory of unsold finished goods surged by 87.5 per cent to N2.14tn in 2024,” Ajayi-Kadir said, blaming “escalating production costs and declining consumer demand” for the development.
Nigerian consumer goods firms are in dire need of a turnaround in sourcing raw materials as costs of items needed for production drive up input costs to new records, BusinessDay analysis shows. The ...
The average spot premiums/discounts stood at -135 yuan/mt, down 15 yuan/mt from the previous trading day. Today's secondary copper raw material prices remained unchanged MoM. Guangdong bare bright ...
Meanwhile, 83% of respondents expect a higher number of orders in Q3 FY25 compared to the previous quarter. Respondents faced several challenges in expanding capacities, including rising raw material ...
As shown in the chart below, based on the current production situation of smelters, the existing raw material inventory can last for 19 days, exceeding the historical dynamic average by approximately ...
Pyrolysis is becoming a promising technology for waste wood resource recovery. To perform a life cycle assessment (LCA) of this technology, inventory data were collected from relevant studies ...
Learning how to manage inventory efficiently is critical to any business that sells physical goods. Anything that involves your products, from timely ordering to proper receiving, tracking and ...
Sustainability is now a strategic business initiative with measurable objectives for most large organizations, and many manufacturers have published goals to be carbon neutral by 2050. To meet these ...