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How to Effortlessly Control and Track Your Inventory

Posted By ivanpw 314 days ago on Business

http://www.smbceo.com - Savvy inventory management is crucial to streamlining business operations, meeting customer demand, and improving profitability. While many business owners start selling without a clear inventory strategy in mind, keeping track of and controlling inventory levels effectively is vital to growing over the long term.

Here are some of the inventory management considerations every retailer or wholesaler should know.
Key inventory management stages
Foundation: Inventory management should start with a fundamental system of categorizing and naming products. Giving each product an SKU (stock keeping unit) ensures all your inventory is uniquely identifiable and easily tracked. SKUs can easily be created for products using an SKU generator.…

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