Why Is Inventory Management Important?

Answer

Inventory management is the process of managing inventory for product-related businesses. Inventory management is important for many reasons, including tracking your sales, knowing what needs to be restocked and conducting trend analysis.
Q&A Related to "Why Is Inventory Management Important"
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
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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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