It is important to select the appropriate inventory valuation method for your business. IPP automatically distributes and places inventory throughout the US and fulfils orders from the fulfilment centre closest to the end customer. By following best practices – like tracking progress regularly, setting realistic goals, and more – you can effectively manage your work

The LIFO reserve reduces the reported inventory value, which in turn reduces the current ratio and the inventory turnover ratio. The current ratio measures a company’s ability to pay its short-term obligations, while the inventory turnover ratio measures how quickly a company sells its inventory. A lower current ratio and inventory turnover ratio can indicate