If you run any business, you must be aware of holding inventory. Holding inventory comprises almost 20-30 % of the total inventory cost. If a company successfully cracks the code of holding only the amount of inventory needed to meet customer demand and maintain a…
admin
10 Min Read
Inventory management is crucial for any business to maintain an optimal stock flow. Often, due to manual errors, businesses face miscounts, misplacement, and inaccurate data entries. This can lead to losses in sales, revenue, and even customers. In the U.S. alone, 39% of small businesses…
admin
8 Min Read
What do top #01 businesses do? They monitor and control their production. If you want your business to succeed, master maintaining your supply and demand balance, and you’re 49.99% out of water. Research shows that 60% of manufacturers struggle with workforce management and supply chain…
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