Inventory management helps businesses keep track of and control a business inventory that is bought, manufactured, stored, and used or sold. Effective or proper inventory management ensures businesses keep track of not only raw materials but also finished goods and products. Inventory management is important to small businesses because it helps them prevent stockouts, manage multiple locations, and ensure accurate recordkeeping. This course on “Inventory Management for Key Distributors” equips distributors with knowledge, skills and strategies for effective inventory management.
