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Inventory Management in Manufacturing

VCFO

Ensuring Proper Inventory Valuation When inventory is not valued properly, turnover ratios return false information, affect cash, and cloud understanding of how investment in inventory is affecting the business. Effective purchasing managers also help communicate expectations to vendors to support capacity planning.

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Candex Raises VC To Help Businesses Pay For Gig Services With Blockchain

PYMNTS

California-based Candex said it will use the investment to focus on expansion and to secure Fortune 500 corporate customers. Candex facilitates vendor payments for its corporate users that take advantage of gig economy services.

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Procurement Professionals Unhappy With Tech Options

PYMNTS

For instance, more than half (54 percent) said they plan to invest in spend analytics technology this year, and nearly half (46 percent) said they will increase their use of eProcurement solutions. The eProcurement space is evolving, as separate research has shown.

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