What is Cash Flow Analysis?
A cash flow analysis correlates line items across operating, investing and financing activities to create a cash flow statement that records how cash is coming in and how cash is going out. Organizations use this to review and analyze the current state of business, spotting trends and making adjustments where necessary. What is Cash Flow […]
Accounts Payable (AP) vs Accounts Receivable (AR)
Accounts payable (or AP) represents the amount of money a business owes to creditors and suppliers. Accounts receivable (or AR) is the amount of money owed to a company from creditors, such as customers, distributors and partners. AP is recorded as a liability on a company’s balance sheet, while AR is recorded as an asset. […]
What is ABC Inventory Analysis?
ABC inventory analysis is an inventory management technique that classifies inventory items based on their value to the business, using a ranking system that incorporates demand, cost and risk data. Inventory managers then group items into classes based on that criteria to help refine operational processes and ultimately help businesses more easily control working capital […]
What is Financial Modeling?
Financial modeling is a tool businesses use to determine likely financial outcomes based on historical performance as well as assumptions about future revenue, expenses and other variables. Financial modeling helps businesses guide financial planning and strategic decisions. What is Financial Modeling? – YouTube
Tips for Stabilizing Cash Flow
Stabilizing your cash flow is even more important these days. Some of the most common setbacks are late payments and long cash conversion cycles. Here’s how to proactively avoid them, and safeguard your company’s growth. Tips for Stabilizing Cash Flow – YouTube
What is Distribution Management?
Distribution management organizes everything needed to get the right product to the right buyer at the right time. It tracks the movement of goods from supplier to manufacturer to wholesaler or retailer and finally to the end consumer. Therefore, it includes processes and activities around raw good vendor management, packaging, warehousing, inventory, supply chain and […]
What is Order Fulfillment?
Order fulfillment is the process of receiving and processing goods for distribution to a customer based on that customer’s specifications. Order fulfillment takes place in distribution centers and usually includes inventory management, supply chain management, order processing, quality control and support, as well as exchanges or returns. What is Order Fulfillment? – YouTube
What is Inventory?
Inventory is the accounting of raw materials, items and component parts that a company uses to sell or produce goods. Inventory is an asset for most companies. However, too much inventory can become a practical liability. Thus, inventory management is used to strike the right balance between supply and demand in order to avoid dead […]
What is Supply Chain Management (SCM)?
Supply chain management (or SCM) encompasses all of the processes involved in acquiring and converting raw materials into finished goods as well as fulfillment and support. Effective supply chain management can prevent disruptions along the supply chain and help businesses meet demand in the most efficient way, ultimately delivering a positive customer experience. What is […]
What is Financial Management?
Financial management is the process of creating a budget that supports the long-term plans for a business and informs decisions on where and how to invest funds around things like hiring, paying suppliers, research and development and other important initiatives. Effective financial management helps a business operate more smoothly by boosting profitability, maintaining cash runway, […]
