Channel

Inventory Is The Store

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Executive Summary

Successful retailing boils down to profitable inventory turn, and the best way to improve profitability and turn is to forget everything they thought that they knew about the mundane exercise/discipline/system known as "Inventory management" and freshen up their approach. Maintaining accurate inventory is at the heart of retailing. An accurate, real-time view of inventory is a key to meeting planned sales goals, preserving margins, and meeting the expectations of the customers - all imperatives for running a healthy retail business.

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