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Growing a wholesaling business is both challenging and rewarding despite high competition. The world recently experienced a massive socio-economic setback in th..
When Covid-19 struck, companies all over the world felt the blow. Some went under, and some survived. But among these, there was another subset – companie..
Inventory control is a massive organizational function and its complexity multiplies as your business grows. This is especially true for ecommerce businesses du..
In these times of supply chain disruptions, online sellers are looking for ways to mitigate the delays caused by the scarcity of raw materials, labor, drivers a..
Gone are the days when inventory was managed through manual stock takes and Excel spreadsheets. Today, various inventory management systems track inventory leve..
It’s no secret that the pandemic disrupted retail, forcing businesses to reevaluate their entire operational models. Now that we are finally transition..
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In business, procurement refers to the process of sourcing and obtaining goods or services. Direct procurement refers to the sourcing of goods and services that..
Quick Answer: Manufacturing lead time is the time it takes to manufacture a product and then deliver it to a customer. In a nutshell, it reflects how long the c..
Quick Answer: A good inventory turnover ratio is typically between 4 and 8 for most industries. While the optimal ratio may vary depending on your industry, thi..
Let’s face it, inventory management is complex. Tracking all costs from procurement to distribution is not a small task. It’s okay to start small with..
A lot of hype happens when ‘budget season’ comes around for a business, with images of late nights and spreadsheets and stress levels boiling over. For acco..
Cin7 and Accountfully break down 6 complexities of inventory accounting and talk about the best ways to overcome them. We dive into how a good inventory managem..
Cin7 Guide Resource Center You can now access the Cin7 Guide Resource Center from the navigation throughout Cin7 Omni. Think of it as an information hub that br..
Cin7 was certified as a great workplace today by the independent analysts at Great Place to Work® in Sri Lanka. This is based on extensive ratings provided by ..
The last few years have been a rollercoaster for businesses, from the sudden and dramatic shift to online selling through the global pandemic, to the recently r..
![What is a Good Inventory Turnover Ratio? [Formula]](jpg/what-is-good-inventory-turnover-hero.jpg)
