Optimize Your Sales Procedures in Operational Plan for Inventory with airSlate SignNow

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I am James from fish ball today we ask the question what is inventory control it seems pretty straightforward you got your business whether it's a warehouse warehouse that uses manufacturing vice versa so obviously you have some inventory that you need to control well that's exactly what inventory control means is that you have these things and they need to be controlled but it still often confuses people so what are you actually doing well you need to be able to track with tracking we need to be able to track our items whether that's inventory materials finished goods you need to be able to track and monitor all of it your levels now ABC is not just like hey this is rudimentary stuff you need to actually know your ABCs of inventory are you have a great whiteboard Wednesday on that if you need to understand that a little bit better but you need to understand what your levels are for your business and your inventory and you need to be able to use reports so you have actual control actual knowledge of what is coming going being used not being used etc now with that you need to act that's part of control you need to know and then act so if control the biggest part is you need to know where to cut a lot of times that means that there's some kind of inventory or resource that's just taking up a lot of your revenue that maybe isn't selling very well or needs to transition out you need to reduce maybe that means you cut back and use less or order less of a product you need to cut back on your reorders and you need to save and cut back on the space that your allotting to the inventory in item now think of how much space that you have in your warehouse however big or small if you're able to cut back on that and really get to the nitty-gritty of what you use well that's inventory control you're getting efficient but here's the big difference if a toy control is not inventory management control is knowing all these things and acting on it but management is the process of how you go about doing that now if you want something that is able to both use inventory control and in taury management for your business should check out fishbowl it's the whole kit and caboodle in one package who says kit and kaboodle anymore I don't know but that's this whiteboard Wednesday I'm James thanks you you