![]() ![]() The goal of inventory management is to minimize the cost of holding inventory by helping you know when it’s time to replenish products or buy more materials to manufacture them. It ensures you have the right amount of product in the right place at the right time. Inventory management is the system you use to order, store, organize and move inventory through the supply chain. Not sure where to get started with inventory management? This guide will walk you through the leading inventory management techniques and tips for managing stock and keeping your customers happy. Inventory management is the heart of a successful retail business. The goal of inventory management is to minimize the cost of holding inventory, while keeping stock levels consistent and getting products into customers’ hands faster. ![]() Inventory management is the process of organizing and managing stock throughout the supply chain. ![]()
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