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.
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.
To apply for a business line of credit, a lender is going to want to know that your company is in good financial health. Additionally they will want to know what kind of collateral your business can offer to secure the line of credit. There are a few key accounting metrics that you should track: Your liquidity KPIs and your borrowing base calculation. (Includes borrowing base calculator)
With the increase in the frequency of supply chain disruptions, our clients have more questions about their supply chain KPIs. Here are the top 3 supply chain FAQs, in addition to the top 10 metrics you need to improve your supply chain health.
How do you know your company is financially fit? We all talk it to death: profit, profit, profit. And for good reason—your profitability, and therefore your profit margin, is the single best measure of company health. However, it is a mistake to think that is all there is to it. This article outlines a handful of other metrics you should be using to gauge company health.
When you’re examining customer profitability, there are two key methods where you can focus your efforts on growing: Increase the number of customers or, alternatively,
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