inventory management
inventory
inventory management is the supervision of non-capitalized assets inventory and stock items
increased information transparency
lower costs
creased sales
shorter lead times
benefits of inventory management
improved delivery performance
increased employee efficiency
accurate planning
decreased stock-outs
increased customer loyalty
increased inventory turnover
the inventory management process
reception area
raw material and components
storage aareas
shelves
improving your invenyory
don,t miss sales due to out-of stock items
don,t waste cash in overstocked inventory
improve the accuracy of your accounting and profit reporting
identify issues before they get out of control
customer service
efficient re-ordering
minimize theft and losses
trust in your information systems
minimize warehouse costs
efficient stock take and end-of-year process
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