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 industry standard inventory accuracy


Let the (Excess) Inventory Flow!
Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both

industry standard inventory accuracy  returned and refurbished inventory. Industry estimates of inventory excess in the high-tech sector alone reportedly approaches $2 billion (USD) annually, whereby most companies, in the best case scenario, are liquidating that excess asset at 20 percent of its original cost. Therefore, possibly the most hated notion for any financial manager is the one of inventory write-off , a deduction of inventory dollars from the financial statement because the inventory is of less value. An inventory write-off may

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

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