Calculating the Cost of Goods Sold (COGS) can be done in many different ways, but two of the most popular inventory costing methods are FIFO and Average Costing. Both...
If you’re a wholesaler and distributor of physical products, you’re probably familiar with physical stock takes by now. They’re disruptive I know but they’re an essential part of maintaining...
Importing goods is all about utilizing a country’s comparative advantage. Other countries outside of yours will have an advantage in producing certain goods because of lower costs, a highly-tuned...
Retailers use certain codes associated with the product to know what it is, what brand it is from, and other whereabouts associated with the store. Quick Links What is...
Do you like to keep yourself updated with latest business trends? I sure do! Always hunting for tips on how to run your business efficiently? Bring in more customers? Make...
Many trading and distribution companies often have a major headache when it comes to the crossroads of choosing periodic or perpetual inventory management. Here at EMERGE App, we want...
Today your wholesale suppliers are likely to be from China. Why? China’s manufacturing prowess and efficient supply chain make it the de facto production capital of the world. Nonetheless,...