Inventory management helps businesses be successful ..... It requires the understanding of

INVENTORY MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Inventory management helps businesses be successful ____ It requires the understanding of

A	Inventory Levels
B	Inventory Value
C	Both
D	None of the above

Explanation:

Detailed explanation-1: -Inventory management refers to the process of ordering, storing, using, and selling a company’s inventory. This includes the management of raw materials, components, and finished products, as well as warehousing and processing of such items.

Detailed explanation-2: -In this article we’ll dive into the three most common inventory management strategies that most manufacturers operate by: the pull strategy, the push strategy, and the just in time (JIT) strategy.

Detailed explanation-3: -Improved Accuracy of Inventory Orders. Accuracy of product orders, status, and tracking are critical to good inventory management. Improved Warehouse Organization. Improved Warehouse Productivity. Save Time and Money. Improved Customer Retention and Engagement. 20-Nov-2019

There is 1 question to complete.

ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

INVENTORY MANAGEMENT