What is inventory management?

Usually, companies do cycle counts to check inventory balances at the end of either each financial year or calendar year. This activity is fundamental in stock management. However, what does…

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Inventory Management Efficiency

Stored products decrease in quantities as orders are issued, and in response to these fluctuations, we find two key concepts: The maximum stock is determined by the storage capacity of…

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ABC Inventory Classification

The ABC method of inventory classification allows you to organize the distribution of the different goods within the warehouse based on their relevance to the company, its value and its…

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