In today’s era, where online shopping is flourishing, inventory management has become essential in the seamless operation of e-commerce businesses. Understanding Inventory Management Inventory management is the process of ordering, keeping, using, and selling a...
E-commerce businesses face significant financial implications due to inefficient inventory management practices. A report from IHL Group revealed inventory distortion (combined cost of out-of-stock and overstock) is projected to cost retailers $1.77 trillion worldwide...