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Subject:
How can my accounting background be useful for inventory or warehouse control.
Category: Business and Money > Accounting Asked by: dynamic2-ga List Price: $2.00 |
Posted:
17 Mar 2005 01:43 PST
Expires: 16 Apr 2005 02:43 PDT Question ID: 496013 |
How can my accounting background be used for inventory or warehouse control purposes. |
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There is no answer at this time. |
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Subject:
Re: How can my accounting background be useful for inventory or warehouse contro
From: myoarin-ga on 19 Mar 2005 07:50 PST |
Depending on the depth of your accounting background, you would know (or could fairly quickly learn) the principles of inventory control and accounting methods for inventory (FIFO, LIFO), depreciation and write-off of old stock, accounting for unfinished products. (Decades ago, Motorola had a large inventory of unfinished TV sets that they knew could never be sold, and kept them on the books at manufacturing cost value, unfinished, whereas if they had completed them, they would have had to write them off and show the loss.) You might look at the sponsored links that have come up on my screen. I haven?t, but maybe they could suggest reasons why an accounting background is useful. In case you get different ones, here they are. Free Inventory Analysis Predict MRO inventory needs. Prevent needless expenditures. www.inventorysolutionsinc.com Demand Planning Programme Develop an understanding of demand planning and forecasting. www.cranfield.ac.uk/som/executive Inventory Control Systems View inventory software case study. Databases designed to your specs BlueClaw-DB.com Smart Warehousing "Better Systems, Better Service" Web Managed Inventory & Fulfillment smartwarehousing.com |
Subject:
Re: How can my accounting background be useful for inventory or warehouse control.
From: respree-ga on 21 Mar 2005 17:03 PST |
Depends how extensive your background is. Accounting teaches you a sense of control, paper control that is. What happens when inventory is not controlled? It walks off, costing companies (potentially) millions of dollars. You can design paperflow systems flows that dictate operational procedures used with respect to receiving and shipping procedures, the handling of exceptions, damages, returns, shrinkage and the like that properly drive and ensure integrity of the perpetual inventory system. Without accounting controls, management is flying in the dark. "Boss: How much inventory do we have today? Warehouse Manager: Ummm. I don't know" Would you like to be in the Manager's shoes? |
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