PVPS vs. PEPS: Understanding the Difference for Loss Prevention
Effective inventory management is a crucial aspect of loss prevention in any business, particularly in sectors that handle perishable goods or fluctuating stock levels. Two widely used inventory valuation methods—PVPS (Last In, First Out – LIFO) and PEPS (First In, First Out – FIFO)—play a significant role in managing stock turnover and minimizing losses. This … Ler mais