LGT ProfitSense Insights | Inventory Management

8 Ways Inflation Rates are Changing Your Financial Statements

Posted by LGT Staff on May 22, 2023

The impact of inflation on a company's financial statements can vary depending on the specific circumstances of the company and the industry in which it operates. It is important for companies to...

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Topics: Inventory Management, Inflation, Financial Statements

Understanding the Inventory Turnover Ratio

Posted by LGT Staff on Feb 22, 2023

If you run a manufacturing and distribution (M&D) company, inventory is most likely your largest asset, as well as being your revenue generator. Because inventory is the backbone of every M&D...

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Topics: Manufacturing & Distribution, Inventory Management

Reducing Negative Effects from Poor Manufacturing Inventory Management Processes

Posted by LGT Staff on Oct 11, 2022

Poor Inventory Management: Just Another Woodstock’99 (Know what I mean?) “By failing to plan, you are preparing to fail” - Benjamin Franklin.

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Topics: Manufacturing & Distribution, Inventory Management

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LGT's ProfitSense

8 Ways Inflation Rates are Changing Your Financial Statements

Understanding the Inventory Turnover Ratio

Reducing Negative Effects from Poor Manufacturing Inventory Management Processes

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