inventory management

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Benefits of Proper Inventory Management

By |2018-07-25T20:35:19+00:00July 25th, 2018|Categories: Business Wise|Tags: , , , , |

For some businesses, inventory can be one of their largest assets and/or their largest expense.  Poor inventory management can make or break a bottom line.  Below are some benefits of proper inventory management: Improves cash flow: Purchasing inventory decreases cash.  When inventory sits on the shelf too long it is basically cash not working for you.  [...]