Tag: Inventory

[ad_1] Rhi Magnesita reported 24.45% higher total revenues for the Sep-21 quarter on consolidated basis at Rs432.58cr. The revenues were up by 0.77% on sequential basis compared to Rs429.26cr in Jun-21 quarter. Half yearly sales ended Sep-21 were up 48.9% at Rs862cr. Net cash inflow from operating activities slipped into the negative due to a…

[ad_1] With the volatile supply chains sparked by COVID-19, many distributors were forced to thoroughly analyze inventory levels and reduce expenses while maintaining great service levels. Because the cost of carrying inventory is 25-55 percent of inventory value each year, efficient distributors realize that the cost savings from reducing consignment inventory are both one-time and…