Preventing Your Supplies From Taking Advantage of You Finanical accounting practices can encourage inventory and operations managers to make sub-optimal inventory decisions. Financial accounting practices count inventory as an asset and promote the creation of significant inventory volumes.
Inventory is a drain on cash, and after all, cash flow is the life blood of every organization.
Bring this seminar to your organization and learn how to make optimal decisions on your inventory volumes. Calculate opportunity costs. Calculate costs of storage space. Calculate cost of obsolescence. The drivers of organizational value and worth.