Why is inventory control important?

[capretail]

Why is inventory control important?

• Helps maintain stock in line with market demand or sales trends.
• Reduces carrying and holding costs.
• Improves stock turnover rates.
• Builds your business reputation for always having adequate stock of merchandise in demand.

Controlling inventory is not a difficult job. The following is a 5 step process that will help you bring this potential problem under control.