What Is the Importance of Inventory Management?

Answer

Inventory management plays a big role in all that takes place. What you can realistically keep on hand and what is too much makes all the difference. Knowing how long it will take to get something will make all the difference in knowing when to order more of a certain product.
Q&A Related to "What Is the Importance of Inventory Management"
i dont knw.
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The purchasing department relies on accurate inventory data to schedule purchases and ensure that materials arrive on time. Incorrect inventory information can result in product overbuys
http://www.ehow.com/facts_6017675_quality-importan...
This really depends in large part on the kind of inventory you are managing. The metrics you select should have a direct, measurable impact on the company's success. The first things
http://www.quora.com/What-metrics-are-most-importa...
In retail operations, inventory management is a critical financial and marketing choice. If you don't have what folks want to buy, you won't sell anything, lose market share and your
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