Inventory management

From ACT Wiki
Revision as of 15:01, 8 October 2020 by imported>Doug Williamson (Add category.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

In simple terms, if inventory levels are too high, significant investment and storage costs will be incurred.

But if inventory levels are kept too low, the chance of inventory running out and lost sales will increase.

Effective inventory management - among other things - identifies an appropriately balanced level of inventory.


See also