Supply chains are the circulatory system of the body of a business. Supply chain planning is akin to the brain telling the blood where to flow to keep the whole thing running. The Supply Chain Planning process is an interesting topic of discussion as of late. We have quite a few new variables in the
Must-Know CPG Trends to Boost Your Brand Presence There are reasons why Procter & Gamble is the best CPG brand across the US. The company has killer marketing methods that make its consumers keep coming back to them and leave their competitors far behind. The CPG industry is ever-evolving. It’s not a choice but a
FP&A and accounting are like two sides of a coin. They complement each other but have differences. On the surface, the question of Financial Planning and Analysis, or FP&A vs accounting, sounds ridiculous. Accounting and finance might as well be the same for a start-up or small business owner. Both deal with money management in
With the CPG industry being hyper-competitive, CPG supply chain optimization has become a battleground where success is vital. After the horrors of the pandemic, with all the CPG supply chains collapsing overnight, it’s no wonder that the industry has begun an intense effort to ensure history is not repeated. Everyone is now keenly aware of
Restaurant accounting is the type of accounting that involves managing the financial transactions of restaurants, such as recording, analyzing, and interpreting financial statements, bookkeeping records, and payroll and operating costs. A well-established accounting system in place is essential for the long-term success of a restaurant as it helps businesses gain a competitive foothold in the
How much do Fractional CFO services costs for startups in 2024? One reason startups succeed is making the right decision at the right time. Hiring a Fractional CFO may increase your startup’s success ratio, but it comes with costs. At the beginning of a startup where every penny counts, a fractional CFO might be a
Is there a way to improve cash flow? Are there ways to make your retail business a profit-pulling powerhouse? Working to improve cash flow is one of the most vital roles an accounting and finance professional is tasked with. Retail businesses heavily depend on good cash flow to function, with even a slight destabilization snowballing
If we were to describe AI in inventory management in one word, it would be: optimization. The thing about AI in inventory management is that, for the most part, the technology has been there for quite some time now. While Chat-GPT and other AI models have influenced a meteoric rise in success in some business
AI has been making the rounds across the business landscape. It’s no secret to anyone that AI in the finance industry has been the talk of the town. We at EA recognizing this surge in AI popularity, have launched a series of publications. These aim to spread awareness and encourage healthy skepticism. As with any
What is Inventory Valuation? Inventory valuation is all about putting a dollar value on your inventory and making further decisions based on that value. Zoho defines inventory valuation as “An accounting practice that companies follow to find out the value of unsold inventory stock when they prepare their financial statements.” The whole point is to