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Financial Metrics

Landed Cost Definition (& Why You Need It)

Landed cost is the total expenses associated with shipping goods from the source to buyer. This could mean to a warehouse or to a customer’s doorstep. This is an important KPI in supply chain management.

Sounds simple? There are many external factors that can affect landed cost.

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Financial Reporting

What is a cash flow statement and why is it important?

Your cash flow statement shows the business cash inflow and outflow over a specific period of time. Cash flow indicates whether your company can generate and use cash in a sustainable way. A successful business needs cash to: Pay employees, purchase materials, goods and supplies, meet overheads costs and cover debt.

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Better Inventory Forecasting & Management
Business Planning

The Best 3 Ways to Reduce Inventory Costs

With all warning signs pointing to recession, many companies are looking at ways to reduce costs. For those in the consumer products or ecommerce sector they might specifically be searching for ways to reduce inventory costs: 1). Leverage your data to optimize your inventory management, 2). Forecast your true demand and, 3). Bundle dead stock to sell.

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