Inventory close inventoryThe materials held or used by a business to produce a product. is the materials held by a business in order to produce the product being sold to the customer. Inventory is ...
Good working capital management is essential to maintaining liquidity and profitability, not to mention the coverage of cash flow.
The second major cause of excess and obsolete inventory is poor demand management practices. Some lower-level root causes may include inaccurate historical demand data, a poor forecasting modeling ...