Inventory is an influential asset that directly impacts a business’ profitability. If tracked incorrectly, it can become a liability and negatively affect the business’ financial health. Some factors that influence inventory are: Industry history, market behavior, or even the type of product being offered. This site will help you understand the risks of having inventory as a liability. It also provides 4 different strategies to maintain low costs and high margins in order to increase your business’ profitability.
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