Cutting-edge industry trends and practical tips to make fulfillment excellence a competitive advantage.
eBay Dropshipping: Benefits, How It Works & What to Expect Running an online business has become one the largest trends of the last decade, and people have slowly grown accustomed to getting everything and anything they need without having to go to offline stores and shops. This has, in turn, required entrepreneurs and online businesses […]
Also known as inventory outstanding, days in inventory refer to the number of days it takes for stock to turn into sales. While the formula for days in inventory may vary from sector to sector, the general rule of thumb is the lower the inventory outstanding, the more optimal inventory management is. The days in inventory formula can also be called inventory […]
Total Cost Formula: What It Is, How to Calculate It & How It Works When pricing your products and services, determining the average total cost is an essential part of your accounting process. This step ensures you are pricing your products high enough to recover both your variable and fixed costs. The total cost formula helps businesses […]
Ending Inventory Key Takeaways If you’re an interested businessman and sell goods, you’ve most probably heard about “ending inventory” This term explains the total value of products a company still has for sale at the end of an accounting period. It is a piece of vital information for businesses not only for the chance of […]
One of the most important calculations to factor in when running a business is the concept of margin. A margin calculator is bound to be your best friend when calculating an item’s revenue. Defining the gross margin of an item is relatively easy to understand and has a straightforward method that directly influences the core elements of […]
Amazon FBA: What is Amazon FBA, How Does It Work, Is It Worth It? If you are starting a new business and want to make a considerable amount of money over the internet, selling your products online is one of the best ways to reach your goal. As the leading e-commerce platform in the world, […]
