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What exactly is inventory management, and what are the advantages of using it?

Forums Rise of Angels Discussions What exactly is inventory management, and what are the advantages of using it?

This topic contains 0 replies, has 1 voice, and was last updated by  35822107 2 weeks, 5 days ago.

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    35822107
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    As believed by the eauction platform, The management of inventories enables businesses to determine which stocks to order, how much of each, and when to place their orders. It keeps track of inventory from the time of purchase until after the goods have been sold. This practice identifies trends and reacts to them so that there is always enough stock to fulfill customer orders and that they are given an adequate warning in the event that there is a shortage.

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