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A sales organization should be built around activities,not around people.
Perpetual Inventory
An inventory management system where updates are made continuously to reflect items added or sold, providing a real-time view of inventory levels.
Freight In
Costs associated with transporting goods into a warehouse or to a business, typically recorded as part of inventory cost.
Cost Of Merchandise Sold
The total cost incurred to manufacture or purchase products that were sold to customers during a period.
Perpetual Inventory Records
A method of maintaining real-time records of inventory levels, where updates are made automatically for every sale, return, and receipt of merchandise.
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