Inventory management has always been a difficult task for retailers, as it requires an immense amount of record keeping and forecasting to ensure they are always adequately stocked and prepared for what lies ahead.
Operational efficiency is the name of the game for many merchants.
The Internet has greatly extended the reach of merchants, who can now sell products to customers in just about every corner of the globe.
Managing inventory is key to the success of many retailers. How well they buy, sell and manage their stock can have huge ramifications on the success of their eCommerce operations.
