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As a rule, excess stocks of goods lead to a decrease in business liquidity and an increase in costs. In search of a compromise in inventory management, companies go through a difficult path of trial and error. This problem can be solved by analyzing stocks and evaluating the return on investment in stocks. Very often,…
Tag: Inventory Management Best Practices
Expense Or Investment? What Are Your Company’s Inventory Costs?
Keeping an efficient control of your inventory will always be an investment for your company, not only because a significant percentage of the budget is directed to the area of operations, but because of the great benefits it brings in terms of the cash flow that is required to grow an SME. For small and…
3 Inventory Management Techniques In Commercial Companies
If you are the owner or manager of a marketing company, you should know the importance of inventory management techniques. Get to know them! And these are responsible for measuring and managing the flow of merchandise that passes through the warehouse and the shelves of any business. However, many people do not know what are…