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A method of inventory valuation for financial reporting purposes where a physical count of the inventory is performed at specific intervals. This accounting method for inventory valuation only keeps track of the inventory at the beginning of a period, the purchases made and the sales during the same period and is recorded under the asset section of the balance sheet.
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Kenneth B. Ackerman Named Chairman Of Global Institute Of Logistics
The Global Institute of Logistics, which sets standards for supply chain, distribution and logistics companies across the world, has appointed a new chairman. He is Kenneth B. Ackerman, the internationally known logistics and warehousing expert from Columbus, Ohio, USA, former president of the Council of Logistics Management and founder of the Warehousing Education and Research Council.Kieran F. Ring Chief Executive Officer of the Global Institute of Logistics welcomed Ken Ackerman as Chairman of the Institute. "We are delighted to welcome Ken Ackerman on board as Chairman of the Institute. Mr Ackermans depth and breath of knowledge and leadership in the industry and in the profession will add a new vision which will build upon the great service of Bob Delaney to the Institute".Ken Ackerman has provided management advisory services to companies throughout the world including manufacturers, wholesale distributors, retailers, warehousing firms, carriers and trade associations. Amongst his clients are General Electric, USA, Nissin Corporation, Japan, JD Logistics, Moscow, Maman Cargo, Israel, Omtra S.R.L, Milan, Italy, Refinerias de Maiz, Buenos Aires, Argentina and Trans Warrants SA, Santiago, Chile. He has been active in logistics and warehousing management for his entire career. Before entering the management advisory and consulting field in 1981 with The K. B. Ackerman Company of which he is president, he was chief executive of Distribution Centers, Inc., a public warehousing company which is now part of
Exel USA. In 1980, he sold the company and joined the management consulting division of Coopers & Lybrand (now Pricewaterhouse Coopers).He is editor and publisher of Warehousing Forum, a monthly subscription newsletter. He is author of several books including Auditing Warehouse Performance, Warehousing Tips, Warehousing Profitably, a recognized reference work and Words of Warehousing, a glossary of the terms used in the field. He is co-author of Warehousing Fundamentals, a self-study program for managers.Amongst numerous expert by Mr Ackerman, some have been published in the Harvard Business Review and in The New York Times.Ken Ackerman has a B.A., from Princeton University and an M.B.A. from Harvard University.He has received numerous awards and he has been honoured by the leading organizations the industry for his contribution to the profession.In 2002, the Warehousing Education and Research Council (WERC) honoured him with lifetime membership. He is the first person ever to receive similar recognition from three different organizations: CLM, IWLA and WERC.In 1999, he received the Distinguished Service and Leadership Award from International Warehouse Logistics Association. He holds the Distinguished Service Award from Council of Logistics Management. He is an honorary life member of the Ohio Warehousemens Association and a former director of the American Warehouse Association.GLOBAL INSTITUTE OF LOGISTICSwww.globeinst.org.
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Panjiva Research Reveals Manufacturers Benefit from 3D Movie Boom
Avatar’s success extends to technology manufacturers and overseas suppliers of 3D glasses. (PRWeb Mar 9, 2010)
Read the full story at http://www.prweb.com/releases/Panjiva/Avatar_3D_glasses/prweb3698314.htm ]]>
Allied Now Provides Website Users New Web-Based Tool to Locate Local School Information
Allied Van Lines now offers its website users a new link to an interactive tool that provides specific data about local schools in thousands of communities spanning the United States. Website visitors now have instant access to this tool that assists in the relocation process and choosing an ideal school district. The new access to this tool is useful to people relocating during the busy spring moving season. (PRWeb Mar 9, 2010)
Read the full story at http://www.prweb.com/releases/2010/03/prweb3659034.htm ]]>
IPdisplays Announces Availability of Next-Gen Video Controller and Web-based Packaged Offerings for LCD and LED Displays
Open interface ddeal for real-time display of mission critical data for contact centers, manufacturing automation and 3PL environments. (PRWeb Mar 8, 2010)
Read the full story at http://www.prweb.com/releases/2010/03/prweb3687794.htm ]]>
TRG Direct Launches Social Networking Site MyFileIdea for Direct-Filers
TRG Direct recently launched MyFileIdea, a social networking site for direct-filers of Customs entries and Importer Security Filing. The forum is a place for International Trade Professionals to engage in conversation regarding the pros and cons of direct-filing. (PRWeb Mar 8, 2010)
Read the full story at http://www.prweb.com/releases/2010/03/prweb3688254.htm ]]>
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Fortigo Honored Among Top Logistics It Providers By Inbound Logistics Magazine
Austin, TX (ContentDesk) June 8, 2005 -- Fortigo, Inc. announced today that it has been selected as a Top 100 Logistics IT Provider for 2005 by Inbound Logistics magazine. The annual Top 100 Read more...
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Investing In Logistics And Wholesaling Management
By Jonathon Hardcastle
Logistics and Wholesaling Management are considered today of vital importance if one studies closely NAVISTAR and UPS, two well-established companies that have introduced logistics as their main Read more...
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