Benefits of the Inventory Cycle Process

 
 
There is a direct correlation between your profitability and your confidence in the accuracy of your inventory.  Maintaining an accurate inventory and following best practices ensures the following:
 

  • Profitability

    - sell products with confidence that you have the correct cost/retail price information.

  • Customer Satisfaction

    - ensure the right products are in stock to meet customer demand. 

  • Inventory Accuracy

    - Have the immediate knowledge of the location and on hand information for items to help customers more efficiently.

  • Efficiency

    - prevent over-stocking and under-stocking. Align purchasing with store needs