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Everything You Need to Know About Incoterms: Definition, Pros, and Cons
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Deb Mukherjee
Updated
November 18, 2025
Everything You Need to Know About Incoterms: Definition, Pros, and Cons
Incoterms, which stand for International Commercial Terms, provide a clear framework for outlining the duties of buyers and sellers in transactions. They determine who pays for shipping, handles insurance, and deals with customs duties at each transport stage.
Deb Mukherjee
Updated
Feb 2025
The Cost of Stockouts: Strategies to Avoid Running Out of Stock
Deb Mukherjee
Updated
November 18, 2025
Inventory Management KPIs: The 19 Most Critical Metrics That You Need to Be Tracking
Deb Mukherjee
Updated
November 18, 2025
The Actual Cost of Inventory: 7 Inventory Costing Methods (w/ Examples)
Deb Mukherjee
Updated
November 18, 2025
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The Actual Cost of Inventory: 7 Inventory Costing Methods (w/ Examples)
Inventory costing is crucial for managing business finances. This article explains seven methods, like FIFO and LIFO, with examples. Choosing the right approach depends on your industry and cash flow. Accurate costing improves financial reporting and reduces costs, with tools like GoodDay ERP streamlining the process for Shopify users.
Deb Mukherjee
Updated
Oct 2024
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