How to do COGS Calculation? 2 Simple Ways to Calculate
by Team Lapaas | Aug 21, 2020, | Strategy | 0 comments 2 Minute Summary COGS stands for Cost Of Goods Sold. It is the cost that a company pays to produce its product or service. All companies incur/bears the cost in the creation of their products. The labour, material, and operating costs, such as building rentals and utility expenses, contribute to […]
Retail Management – Meaning, Strategies, Importance, and Career
If you are a businessman or working for a business, you have heard about the term supply chain management in manufacturing or wholesale business and retail management in retail business. So, You might be manufacturing a product, selling a ready-made product or providing any kind of service to the customers. If you are a seller […]
Logistics Management – Overview, Types, and Process
by Team Lapaas | Aug 21, 2020, | Strategy | 0 comments 2 Minute Summary Logistics is basically a process of transporting goods (either raw material or finished products) from one point to another point. The two major functions of logistics are transportation and warehousing. now you should also know what are the types of logistics. Following are the major types of logistics Like Inbound […]