A company's operating cycle, or cash conversion cycle, shows the length of time it takes a company to buy inventory, convert it into sales and collect the "accounts receivable" revenue from the sales.
Process time vs. cycle time is a discussion that comes up often for newcomers to Six Sigma. Understanding these principles ...
In the workplace, manual calculations of various aspects of inventory management, have largely been superseded by relatively inexpensive business management software, inventory forecasting software in ...