Day: September 5, 2019

Managing an inventory of goods in warehouses in trading or retail companies is very important. Poor stock management will result in reduced sales value of goods and capital that is maintained without balanced income, or more which can result in losses for the company and also the company will lose customers due to loss of trust from these customers about how sales work in the company (poor sales).

If inventory or stock of goods stored is too much in the warehouse it will increase the risk of damage to the goods and will increase operational costs to be paid by …