Discover NIFO, a unique inventory valuation method based on replacement cost instead of original cost, its working mechanism, ...

Discover why IFRS prohibits LIFO accounting, including issues like distorted financials, outdated inventory values, and ...

Learn how Frank and Lillian Gilbreth’s management theory revolutionized workplace efficiency through motion study and standardization.

Rob Saltiel, MRC Global’s President and CEO, commented, “The implementation of our new enterprise resource planning (ERP) system in our U.S. segment encountered significant challenges that adversely ...

A new study by Shanghai Jiao Tong University and SII Generative AI Research Lab (GAIR) shows that training large language models (LLMs) for complex, autonomous tasks does not require massive datasets.

Seneca Foods benefits from lower agricultural costs and vertical integration, but sector demand is flat and private label competition limits pricing power. LIFO accounting inflates current profits; ...

Calculating the cost of goods sold gives a business insight into its performance and helps calculate profit. Many, or all, of the products featured on this page are from our advertising partners who ...

Community driven content discussing all aspects of software development from DevOps to design patterns. The Java String printf method can be confusing at first, but it greatly simplifies how you ...

Retailers like Target and Walmart use AI to prevent stockouts and manage inventory. AI systems can predict demand to help improve inventory accuracy and availability. This article is part of "How AI ...

Net sales for the first quarter of 2025 were $163.9 million compared to net sales of $159.3 million for the first quarter of 2024, an increase of 2.9% or $4.7 million. Sales increased $1.8 million in ...