Inventory management is a critical aspect of any business. It’s important to have an operations strategy in place that will work toward the goals of your company.
Below are three reasons why it’s important to take inventory management seriously and have a clear plan for how you’re going to handle it:
1) Inventory availability impacts customer service levels.
2) Inventory accuracy leads to increased revenue.
3) Reduction in obsolete inventory improves margins – Inventory availability impacts customer service levels – Inventory accuracy leads to increased revenue – Reduction in obsolete inventory improves margins”
Blog post title: Why it’s important to have a clear operations strategy for inventory management Description: an operations strategy for inventory management should work toward:, – Inventory availability impacts customer service levels.
