You may have often wondered why you even have any inventory at all. Frequent review and adjustment of InventoryĮfficient Inventory Management is critical for manufacturers, retailers, and brands because it is how they treat their core business and extract value from the process of buying and selling.Movement of inventory from one location to another.Naming your physical locations, down to the shelf level.A system of naming for your inventory items (also known as Stock Keeping Units, or SKUs).Inventory Management is a broader topic that covers the following aspects: What are the elements of Inventory management? ![]()
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