How do you implement a lean and agile stock management system?
Stock management is the process of planning, controlling, and monitoring the flow of goods and materials in your business. It involves balancing the supply and demand of your products, minimizing waste and costs, and maximizing customer satisfaction and profitability. But how do you implement a stock management system that is lean and agile, meaning that it eliminates inefficiencies, adapts to changing conditions, and delivers value quickly and consistently? Here are some steps to follow: