Why Predicting Inventory For P&L Forecasts Is Surprisingly Tough
Struggling with inventory forecasting? Discover how opaque ERP calculations, scattered data, and slow-moving stock impact your cash flow—and how to fix it.
June 3, 2024
Struggling with inventory forecasting? Discover how opaque ERP calculations, scattered data, and slow-moving stock impact your cash flow—and how to fix it.
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My first accounting job is still fresh in my mind. I was 26, working in finance on complex calculations called capitalized variances. As part of the evaluation of a company’s inventory, capitalized variances take into account price changes in production materials. These calculations can get tricky due to timing offsets.
Organizations chiefly make decisions based on their data, and to do so they must have a full view of their business data. To excel, they need to generate the most business value they can from their data. Data Lakes offer a way to do this along with other benefits. They
Introduction In November 1980, the contemporary story of computing began. In a contract with IBM, Microsoft agreed to write the early parts of the Windows operating system for a mere $430,000. However, there was a provision in the contract that allowed Microsoft to license this software to other manufacturers. IBM
