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Why Is Inventory Management Important. Inventory management remains the cornerstone of successful retail. Experienced retailers understand the importance of metrics taken from inventory management. Analysis drawn from inventory management helps retailers make sound decisions that impact inventory costs, sales revenue, and profit margins. The most experienced retailers will tell you that although you can’t predict trends, you can achieve desirable outcomes by properly managing your inventory and
Despite 93% of consumers revealing they are more likely to buy if they receive a positive customer experience, UK retailers are struggling to deliver adequate, consistent service new research suggests.
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