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Inventory Control Software: Rewards and Risks of Just-in-time Inventory

Inventory Control Software: Rewards and Risks of Just-in-time Inventory

Maintaining inventory requires careful planning and a considerable investment of time and money. That’s why many companies are using inventory control software to help them implement just-in-time inventory management practices. The premise behind just-in-time inventory is sound enough. The goal is to have enough product or materials on hand to meet the demands of your customer base, without having too much.

Business Management Software: 4 Metrics You Should Pay Attention To

Business Management Software: 4 Metrics You Should Pay Attention To

Business management software is often used to analyze how well your inventory is performing. By using a range of insightful reporting features, managers can make smart business decisions to optimize sales and customer satisfaction. The challenge is identifying which metrics are most appropriate for your type of business. For instance, a manufacturing company will likely gauge its performance much differently than one in the retail sector.

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