6 Ways to Better Inventory Management

2. Rethink the inventory management process. When our market evolves and the dynamics change, adapt or die. Find the best system for your company at the time. Then continue to modify it as needed.

3. Allocate enough resources to manage your inventory well. Back orders alienate customers. When back orders occur once or twice, buyers will forgive you and try again. Three or more orders with out-of-stock items will drive them to your competition.