Inventory is the lifeblood of any retail business. Even if you don’t carry the inventory in your own warehouse, tracking the quantity and cost value of the products you are selling is essential. You need to know much inventory is in stock so you can fulfill sales and you need to know how much profit you are making for cash flow and tax purposes. Successful retailers always have this information at hand.
Get some tips and tricks on how to streamline inventory management for your business, by downloading Brightpearl’s “Inventory Management done Properly”. This report looks at the principles and processes that can underpin an accurate, up-to-date inventory management system – a system that must be in place before your business can really grow.
In “Inventory Management done Properly”, you will learn:
• How to set objectives for your inventory control system
• What inventory metrics to track and how to calculate them
• How to efficiently manage stock corrections and returns
• How the right software can optimize your inventory processes
• What other processes you need to implement company-wide for success
• And more.
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