7 Inventory Management Metrics to track and improve business operations

Inventory Management Metrics

If companies don’t have the necessary tools to track product activity, inventory management & stock management can really indeed be a pain. As firms’ supply chains grow, this process becomes much more difficult, as they must coordinate manufacturing, distribution, and retail. Inventory management gives firms crucial insights into product management, allowing them to cut costs and enhance operations. Why should you keep track of your inventory management metrics? Continuously tracking your stock control data and metrics allow you to notice patterns and obtain insights that can help you make better…

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