- November 28, 2018
- By Aimee Schossler
- In Distribution, Sage 100 Whitepapers, Whitepapers
- 466
The concept of inventory control and management is an easy one to grasp—determine what to stock, in what quantity, and when to order more. But in practice, things are a little more complicated. Prompt access and delivery of stock is key to keeping your customers happy (leading to more repeat business), but over-stocking can reduce your cash flow and tie up valuable working capital.
So it’s important that you find the right balance between these goals:
In short, you need to identify the least amount of inventory you need to meet your customers’ expectations. You need control of your inventory.
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