PHNOM PENH Cheap Jerseys Wholesale , March 30 (Xinhua) -- Cambodia's economy is expected to remain strong over the next two years, driven by garment and footwear manufacturing, construction, and services, according to the Asian Development Bank (ADB)'s annual economic outlook on Wednesday.
The bank's outlook forecasts gross domestic product (GDP) growth for Cambodia of 7 percent for 2016 -- the same rate achieved in 2015 -- before slightly up to 7.1 percent in 2017.
"With continued expansion in industry and services Cheap Jerseys From China , diversification in the garments and light manufacturing sectors and in export destinations, Cambodia is expected to exhibit robust economic growth over the next two years," Samiuela Tukuafu, ADB country director for Cambodia, said in a press conference here.
"To sustain growth Cheap Jerseys China , Cambodia needs to further diversify its economy and provide further opportunity for employment by attracting new industries," he said.
According to the report, growth in industry is projected at 9.5 percent this year, supported by further diversification in products with higher value added such as garments, footwear and electronics.
The service sector is expected to expand by 7.8 percent Cheap Jerseys , it said, adding that agriculture is projected to grow by 1.6 percent, assuming favorable weather.
It said growth in construction is expected to continue moderately in comparison to the rapid pace of recent years.
Subdued global food and fuel prices are expected to contain inflation at 2.5 percent this year, before rising to 3 percent next year, it added.
The report also warned that rapid growth in credit and a real estate boom have heightened risks in the financial sector.
"Efforts to build policy buffers and resilience should continue to ensure a stable financial sector Wholesale Football Jerseys ," it said.
For the average Pop-and-Mom store, the inventory management meant either keeping a mental track of the inventory or keeping a small notebook with inventory figures updated on a daily basis. The hard work was (and still is) being done by the cash register with its built in inventory software. In some cases, having seen better times, the cash register and the dog-eared notebook were replaced with a bar code reader attached to a computer. For most grocery and small retail stores, the bar code reader and computer are as near to the 20th Century and artificial intelligence as they will ever get. Even this Wholesale Nike NFL Jerseys , in reality, is quite good because the most basic inventory management software is very sophisticated in its ability to not only keep a track of all stocks but automatically place restock orders or predict movement of stock based on historical data. In most cases it could even flag out expiredout dated stock.
In due course and often with availability of cheaper credit, business grew and more retail branches were added. The new growth however, brought an unexpected problem – inventory management. How does one get the exact stock position at any given point in time across multiple locations? How does one track movement of goods across multiple locations from a central point? How does one know which are the “fast moving” stocks at different locations or predict inventory requirement for each location? Multi-tasking is not something humans do efficiently and the complexities of tracking inventory across multiple locations were quite clearly beyond the capabilities of the humble, dog-eared stock register.
From a technology point of view Wholesale NFL Jerseys , the common denominator was the internet. It therefore made perfect sense to load the software online and have each location access the online module. Loading it online also meant that the online retail or your web design Richmond VA also used the same software. This way the social media marketing Richmond could view the overall picture for the entire organization or for a particular location. The stock position was always accurate because the same database was accessed by all physical and virtual sale counters. The humble, dog-eared stock register was quickly replaced with the new sales & inventory management system. e Commerce Inventory Management uses the same set of principles.
What to expect from a Sales & Inventory Management System?
Modern Sales & Inventory management systems have been around for at least fifteen years and during this time, programmers kept adding sophisticated features so much so that it soon became all-encompassing and today, it can effectively assist the management in running the entire business enterprise irrespective of size. This new full featured avatar came to be known as Enterprise Resource Planning or ERP. This does not mean you have to go out and buy yourself an ERP package. Modern Non-ERP Inventory management systems may not have all the features of an ERP software, but is still very sophisticated and offers more features than can possibly used by most small to medium sized companies; so we won’t stray into ERP territory on this page.
At the very least Wholesale Jerseys From China , a good sales & inventory management system will provide you these features:
– Create and read product barcodes
– Accept different units of measurements
– Manage stock across different companies
– Manage stock at different warehouses
– Process, print, email and fax invoices, purchase orders and sales orders