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"
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
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i dont knw.
http://wiki.answers.com/Q/What_is_the_Importance_o...
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/Inventory-Management/What-met...
Inventory levels are important. Depending on the nature of the business you are in will determine the amount of invertory you keep. A grocery store will keep a lot of bread because
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