You’re struggling to keep track of your inventory. How can you manage it more efficiently?
Inventory management is a crucial aspect of logistics management. It involves tracking and controlling the quantity, location, and condition of your products and materials. However, managing inventory can be challenging, especially if you have a large or complex supply chain. You may face issues such as overstocking, understocking, inaccurate counts, theft, damage, or waste. These can affect your customer satisfaction, operational efficiency, and profitability. How can you manage your inventory more efficiently and avoid these problems? Here are some tips to help you.