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How Do You Keep Inventory Levels Low When Running A Business?
Keep Inventory Levels Low
asked 3 months ago
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Well the best way to keep the inventory low in the business in order to keep the inventory management cost low is through Just In Time Inventory. Most of the companies are using this strategy. Another way is through the Demand pull strategy, in which the products are manufactured only when the demand is there. Both these strategies are used widely but there are merits and demerits of both.
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Just In Time Inventory
answered 3 months ago
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