Understanding Your Current Inventory Situation

Before you can streamline anything, you need a clear picture of what you’re dealing with. This means taking stock of your current inventory. Don’t just rely on gut feeling; actually count what you have, noting down the quantity of each item. Check for discrepancies between your physical inventory and your records. This initial audit might seem tedious, but it’s the crucial foundation for effective inventory management. Identify any slow-moving or obsolete items – these are prime candidates for review and potential removal.

Implementing a Robust Inventory Management System

A disorganized inventory is a recipe for