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  2. Inventory control - Wikipedia

    en.wikipedia.org/wiki/Inventory_control

    Inventory management is a broader term pertaining to the regulation of all inventory aspects, from what is already present in the warehouse to how the inventory arrived and where the product's final destination will be. [2] This management involves tracking field inventory throughout the supply chain, from sourcing to order fulfilment.

  3. Track and trace - Wikipedia

    en.wikipedia.org/wiki/Track_and_trace

    Radio-frequency identification and barcodes are two common technology methods used to deliver traceability. [1] RFID is synonymous with track-and-trace solutions, and has a critical role to play in supply chains. RFID is a code-carrying technology, and can be used in place of a barcode to enable non-line of sight-reading.

  4. Backflush accounting - Wikipedia

    en.wikipedia.org/wiki/Backflush_accounting

    A periodic inventory system does not require day-to-day tracking of physical inventory. Purchases, cost of goods sold, and inventory on hand cannot be tracked until the end of the accounting time period when a physical inventory is performed and ending inventory is compared against the sum of beginning inventory and purchases.

  5. Traceability - Wikipedia

    en.wikipedia.org/wiki/Traceability

    A number of timber tracking companies are in operation to service global demand. Enhanced traceability ensures that the supply chain data is 100% accurate from the forest to the point of export. Nowadays, there are techniques to predict geographical provenance of wood and contribute to the fight against illegal logging. [12]

  6. Inventory - Wikipedia

    en.wikipedia.org/wiki/Inventory

    Inventory may also cause significant tax expenses, depending on particular countries' laws regarding depreciation of inventory, as in Thor Power Tool Company v. Commissioner. Inventory appears as a current asset on an organization's balance sheet because the organization can, in principle, turn it into cash by selling it. Some organizations ...

  7. Gross vs. Net Income: Understanding the Difference - AOL

    www.aol.com/gross-vs-net-income-understanding...

    Gross income measures the profit generated from sales alone, using your total revenue minus the cost to of the goods you sold. Find out how net come is different.

  8. Cost accounting - Wikipedia

    en.wikipedia.org/wiki/Cost_accounting

    Cost accounting is defined by the Institute of Management Accountants as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail.

  9. Passive vs. Non-Passive Income: What's the Actual Difference?

    www.aol.com/finance/passive-vs-non-passive...

    The post Passive vs. Non-Passive Income: What's the Difference? appeared first on SmartReads by SmartAsset. The key to effective financial planning are two primary types of income: Passive and non ...

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