5 Tips to Better Inventory Management During the Holidays

By the same token, you'll also need to consider whether you had the right amount of inventory last year. Knowing this will enable you to adjust accordingly, doing your best to avoid out-of-stock items and excess inventory. Both cost you money. Keeping only the amount of inventory on hand that you need at a given time, and no more or less, can be a delicate balancing act during the holidays. Managing your stock based on past years’ trends can only help.