Work in Progress and Finished Goods
You follow one padded-jacket order through the stock that is neither material nor product. You value a jacket section by section along its own bulletin, and meet the month-end convention that overstates the lot by a tenth for a reason nobody argues about. You find and price 370 pieces where each was lost. And you read one finished goods store four ways, from 26,418 jackets down to the 80 anybody may sell.
Published by Merchandising Academy · First lesson free to read
Course value
What will you be able to do?
Work outcome
You can run a store where the record and the shelf agree, find and cost the gap when they do not, and move finished goods to a buyer's door on a plan rather than on a scramble.
Who it is for
Factory and supplier teams.
What you will produce
You build a conversion cost a standard minute from your own accounts. You value a bundle at every section of the line. You split and price the two assumptions inside the halfway convention. You reconcile cut to packed in pieces, pricing each loss where it happened. You produce a four-number finished goods position. And you build a carrying cost and a write-down from your own figures.
Learning format
3 lessons · 0 templates · workplace calculations and decisions.