Inventory Management Techniques That will Save you Money
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Inventory Management Techniques that Will Save You Money
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Transcript of Inventory Management Techniques That will Save you Money
Holding inventory ties up a lot of cash. That's
why good inventory management is crucial
for growing a company
FIRST-IN FIRST-OUT
Means that your oldest stock (first-in) gets sold first (first-
out), not your newest stock
CONTINGENCY PLANNING
It’s not a matter of if problems arise, but when. Figure out where your risks are
and prepare a contingency plan
BEST INVENTORY MANGEMEMENT SOFTWARE
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