A distinctive feature of fresh products such as fruit and vegetables in the retail food sector is that the supplier, packaging and pricing vary throughout the year. So how do buyers calculate what quantity of products they should buy? How can they reach the optimum stock level without having to place expensive, last minute orders…
How Do You Determine Your Inventory Availability Level?
Inventory management is a complex system of interconnected tasks and processes. Regardless of what your business sells, the products are likely stored in one or more locations as inventory. An inventory management company is important for your company, regardless of whether it is (just) a stack of cardboard boxes or warehouses with parts and materials…
Audit In Retail Trade: What Does It Include?
Retail trade is the final stage of commodity circulation, trade in goods and provision of services to customers for cash. In a broad sense, a retail audit is a regular study that is carried out directly at the point of sale and allows you to track the volume of product markets, brand shares, distribution, retail…
What Does It Mean To Have Tax Consultation?
Your heritage is made up of all of your assets. It can be real estate, professional heritage and/or financial heritage. As the assets are subject to tax, a tax advisor may be necessary. This advisor can be a wealth management advisor, a notary, a tax lawyer depending on the objectives you set for yourself. Tax…
Warning Signs That Your Company Is Not Going Well
The basis of any profitable business is successful trade. Therefore, business advisory firms in India have spread to provide the right guidance to owners of large and small projects alike, and to provide them with a lot of experience that many of them need when starting their own project. Within the business world, there are…
Reasons For Keeping Sufficient Stock
One of the main reasons for inventory availability is to provide customers with the best possible level of service. However, many managers spend their time worrying about finding the balance between product availability and supply Chain costs. Why should you keep stock? Your inventory availability is important to meet customer demand. However, the actual level…
How Inventory Management Can Save You?
There is a lot for current business owners to keep up with. You need to look at your supply chain and make sure there are no inconsistencies in the quality of your products. It is also essential to have a strategy to track customer experience and ensure that your customers stay happy and engaged. You…
Factors that could affect your company
Each company carries out its particular way of organizing finances and all issues related to its future. However, there are some global factors that could affect the operation of a company or SME, especially when you do not have a consultancy that provides comprehensive solutions to companies. One of the factors that could most affect…
Difference between Audit and Forensic Accounting
Forensic Accounting is not new, accountants have provided fraudulent financial records for investigation and litigation support to corporates, law enforcement agencies and states for decades. As a fraud investigator, I have been asked by many of my clients what is the difference between forensic accounting engagement and an audit engagement. Forensic accounting engagement applies accounting…
Fraud risks in Manufacturing sector post CORONA Virus
In recent pandemic global economy has effected manufacturing sector seriously. Corona Viruswas detected in India in early March 2020 lockdown was initiated in the fourth week of March for 3 weeks and most of the non-essential manufacturing units were asked to stop producing and take strict measures before re-opening their units, which affected the sector…