What Is Inventory? Its Definition, Types, and Examples

What Is Inventory? Its Definition, Types, and Examples

What is Inventory? Inventory includes both raw materials needed in production and finished commodities for sale. A company’s inventory is one of its most valuable assets because inventory turnover is one of the key sources of revenue generation and subsequent earnings for the company’s shareholders. There are three sorts of inventory: raw materials, work-in-progress, and…

Read More
How to Manage Project Finance: The Complete Guide for Finance Managers

How to Manage Project Finance: The Complete Guide for Finance Managers

In the construction of large-scale infrastructural, industrial, and manufacturing, project finance is a constant challenge. These huge projects often last several years and include technical complexity.  They necessitate a financial strategy that goes beyond conventional financing approaches. The first step is to learn about project financing. Project finance has developed as a viable tool for…

Read More