LearningCat: Inventory Valuation and Management
Navigating Inventory Valuation in India: FIFO, LIFO, and Weighted Average Methods
Any company handling physical products depends first on inventory control. In India, where businesses including manufacturing, retail, FMCG, and textiles flourish, selecting the appropriate inventory valuation technique can have a big effect on compliance, financial situation, and tax obligations. Within the Indian setting, this blog examines three main techniques—FIFO, LIFO, and Weighted Average Cost (WAC)—highlighting […]
Just-In-Time (JIT) Inventory System
The Just-In- Time (JIT) inventory system has become a revolution for companies all around in a time when cost control and efficiency define competitiveness. For India, a fast-expanding economy with a strong industrial sector, aspirational businesses, and a complicated supply chain environment—JIT presents transforming possibilities. Its execution does, however, provide special difficulties stemming from infrastructure, […]
