The challenge of balancing supply chain costs and customer needs is not a new one. But the confluence of a number of trends on both the supply and demand sides has added to the difficulty of achieving a profitable middle ground. Customer expectations are advancing at a quicker rate than ever before, with consumers demanding immediate… Continue reading Supply Chain Issues and Trends
Author: Anu Francis
Analyzing Inventory Turnover using NetSuite
In NetSuite, you can utilize various features and reports to analyze inventory turnover efficiently. Here’s how you can do it: Inventory Management: NetSuite offers robust inventory management capabilities, allowing you to track inventory levels, purchases, sales, and returns in real-time. Ensure that your inventory data is accurate and up-to-date within NetSuite. Generate Inventory Reports: NetSuite… Continue reading Analyzing Inventory Turnover using NetSuite
Inventory Turnover
What is inventory turnover? Inventory turnover is a measure of the length of time between when inventory was received and used or sold. The shorter the time between these two points, the more efficient and cost-effective the inventory management process is. Inventory that stays on hand for longer than necessary represent costs to the small… Continue reading Inventory Turnover
Inventory Management Benefits for Restaurants
Proper inventory management helps you decrease food waste and loss, work with vendors, decrease the overall cost of goods, increase profits and keep customers happy. Less food loss: Up to 10% food purchased by restaurants is wasted before it even reaches the consumer. Restaurants buy too much food at a time, so it ends up spoiling… Continue reading Inventory Management Benefits for Restaurants
Inventory Management Strategies for Manufacturing
If manufacturers want to maintain the flow of their supply chains and manufacturing processes, they must precisely monitor and control inventory levels. Their objectives, the industries they engage with, and the goods they sell will all influence how they choose to manage their inventory. The following inventory control techniques help reduce waste and missed opportunities… Continue reading Inventory Management Strategies for Manufacturing
Accrual Accounting for Nonprofits
(opens in a new tab) Advantages for Nonprofits The biggest advantage of accrual-basis accounting is that it provides nonprofits with a more accurate picture of the group’s finances than cash accounting does. Using accrual-basis accounting, nonprofits can see expected payables and receivables and get a “big picture” of their financial health that helps them more… Continue reading Accrual Accounting for Nonprofits
Surface Computing Attributes
Introduction: Surface computing is a new way of working with computers that moves beyond the traditional mouse and keyboard experience. It is a natural user interface that allows people to interact with digital content the same way they have interacted with everyday items such as photos, paintbrushes and music their entire life: with their hands,… Continue reading Surface Computing Attributes
NetSuite for Government
NetSuite for Government is a cloud-based solution designed for public-sector organizations, including government agencies and municipalities. Role-Based Metrics, KPIs, and Dashboards With embedded analytics, you gain meaningful operational and financial insights into your organization’s performance across departments and teams. Confidence Be assured that decisions are backed by accurate and timely information. NetSuite reveals patterns that… Continue reading NetSuite for Government
Common web application security vulnerabilities
Web application vulnerabilities involve a system flaw or weakness in a web-based application. The common web application security vulnerabilities are: Injection flaws Injections are among the oldest and most damaging threats targeted at web applications. They will lead to data-stealing, data lack, lack of credibility, denial of service, and complete network compromise. The primary explanation… Continue reading Common web application security vulnerabilities