Posted by John Shepperson | Jan 27, 2015 2:11:00 PM
Inventory is a major asset in a business, as it ties up considerable cash that could be used for other purposes.
For this reason, good inventory management is a must. What is good inventory management? Essentially, it is a balance between over-stocking and under-stocking – that is, stocking sufficient materials to fill customer orders without having too much or too little inventory.
Topics: training, software, inventory management, inventory, inventory control, john shepperson, oates co, cycle counting, variances, blind counting, procedures, adjustments
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