INVENTORY MANAGEMENT

5 Common Mistakes When It Comes to Managing Inventories in Retail

Inventory is among the integral parts of your retail business. Poor ability to manage it may result in out-of-stocks, shipping delays, and shattered customer relationships. In the worst-case scenario, you suffer financial loss. According to the United States Census Bureau, retailers carried billions of dollars in inventory in mid-2018. And reportedly, only around 10% of… Read more

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