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    jburden57's Avatar
    jburden57 Posts: 1, Reputation: 1
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    #1

    Nov 28, 2008, 05:03 PM
    Cost Associated with Inventory
    What are costs associted with inventory? Why is controlling turnover in the inventory important? How can imporovments inventory management impact profitability?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Dec 12, 2008, 07:20 PM

    The costs are: Purchases, Purchase Returns and Allowances, Freight-in.

    If inventory is not moving then you are not selling inventory. If you are not selling inventory then you are not earning revenues.
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