5 Common Procurement Problems Axolt Editorial Team March 4, 2016 Procurement systems are designed for speed, efficiency and accuracy. However, human error and organizational shortcomings are still witnessed despite precautions
Purchase Order Myths Axolt Editorial Team February 26, 2016 Some of the common misconceptions about purchase order include: Purchase orders are not important Most of the Small Medium Enterprises
How Purchase Orders Work for Companies of All Sizes Axolt Editorial Team February 22, 2016 Purchase orders are vital for the operations of any company whether it is a small medium enterprise or a large
The Advantages of the Retail Method of Inventory Axolt Editorial Team February 17, 2016 It is important for every business to carry inventory. This will enable it to ensure that it does not run
Impact on Financials from the Periodic Inventory Method Axolt Editorial Team February 10, 2016 Inventory refers to money that is either your own or which you borrowed to inject into the business. The inventory
Does it Matter to the Consumer If You Use LIFO or FIFO Axolt Editorial Team February 2, 2016 The type of inventory system that a company uses will always have an impact on the consumer. This is the
FIFO and LIFO Methods of Inventory Axolt Editorial Team January 25, 2016 FIFO (first-in, first-out) and LIFO (last-in, first-out) are the most common inventory valuation approaches used by business enterprises to account
Finding a Reliable Supplier for a Product You Want To Import Axolt Editorial Team January 19, 2016 You might have toured to several countries across the world, and probably discovered a nice product that you may need
Direct Exporting: Advantages and Disadvantages Axolt Editorial Team January 14, 2016 Direct exporting involves delivering a product directly to an interested customer. This can be either delivering to a regional or
5 Signs It’s Time to Change Your ERP System! Axolt Editorial Team January 11, 2016 Who is one step ahead of the game? Who changes things when it’s needed rather than waiting until it’s too