Common Inventory Management Mistakes and How to Avoid Them
TYA Suite
JULY 27, 2024
Overstocking puts money at risk of obsolescence, raises storage expenses, and binds up cash in unsold products. To reduce surplus stock, use just-in-time (JIT) inventory techniques. Establish safety stock levels to cushion against unexpected demand spikes or supply chain disruptions. is essential to a company's success.
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