Inventory can account for a huge percentage of a company’s assets and in many wholesale, distribution and e-commerce companies, inventory levels are continuing to grow. Too much inventory means too much capital tied up in stock, but too little means a significant risk of run out. In other words, poor inventory management can easily have a direct negative impact on your business. This guide will teach you the basics of inventory management and optimization, so that you can take the control you need as a manager in finance. This guide will cover topics such as procurement, demand forecasting, inventory KPIs and more.
