Effective IDLE Stock Management
Companies adopt effective IDLE Stock Management to control and track the inventory orders, usage and storage simultaneously with the management of finished goods in final goods form. This IDLE stock management system is used to manage the increase in storage cost, working capital crunch, wastage of labour resources, increase in idle time, disruption of the supply chain, which will eventually reduce sales and increase unsatisfied customers. Therefore, idle stock management is an important aspect of the business the management cannot afford to ignore.
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