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How to Manage Your Inventory More Efficiently

SO you, wint to MANAGE YOUR INVENTORY? (the process of overseeing the constant flow of units into and out of an existing inventory) YOU'RE LOOKING TO: (1) identify problems D before they start (2 never miss a sales opportunity Ш(1 ШI 24 (3 minimize costs to maximize profits conduct accurate trend analysis YOU CAN'T MAXIMIZE PROFITS WITHOUT KNOWING: 1) (2 (3 (5 how much how much how much if there's and when you've received you have at any given time enough to fill orders to pay to order suppliers more At the bare minimum inventory management systems should provide all this so you can allocate inventory to orders shipping today, tomorrow, or a month from now. MANAGING If your most important goal is to keep customers happy, allow an inventory management system to: matters YOUR INVENTORY track sales and available inventory because inventory is cash V IN DISGUISE why wouldn't you EWANT TO KNOW communicate with suppliers in real time notify when and how much to reorder how mueh gou have? clear spider receive data incorporate data remain flexible © 2014 by Cleạr Spider www.cleárspider.com

How to Manage Your Inventory More Efficiently

shared by ClearSpider on May 11
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Inventory Management is the process of overseeing the constant flow of units into and out of an existing inventory. Check out our infographic to find out how to manage your inventory more efficiently.

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