What you’ll learn
Discover how to set key performance targets and ensure you always have the right amount of inventory on-hand to meet supply and demand.
Topics covered
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Identify gaps in inventory management
Five questions to analyze your inventory management practices.
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The connection between inventory, sales and profits
Holding too little can cost you time and sales; too much and you tie up your cash and floor space.
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Symptoms of poor inventory management
Lack of control, misalignment and lack of space.
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Recommended key performance indicators (KPIs)
Establish a KPI dashboard to continuously track inventory management practices.
Who is it for?
Entrepreneurs
Diagnose wasteful practices and build a foundation for improvement
Operations managers
Set targets by putting in place key performance indicators (KPIs) to continuously monitor and improve inventory turnover and accuracy
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