A quality stock will allow us to save resources spent on a material which is not really necessary or profitable in the short- and mid-term, with the risk of becoming obsolete.
The product catalogue segmentation will make it easier for us to know what our star products are, and take right purchase decisions for specific purposes.
Similarly, we will ensure that we have enough products, especially those which are sold the most, that we do not lose any customers and that we manage incidents. As a result, we will save commercial efforts and internal management.
Stock can be defined as the supplies of a certain product stored in a certain organization.
Stock management includes the management of all the elements related to the storage of products. Inventory management is closely linked to the accounting valuation of stocks, necessary in the accounting of organizations.
The stock management systems must allow to reach the optimum level of stock.
There is an optimal level that can be determined from 2 perspectives:
- Customer service.
Purchase and Treasury Departments.
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Great professionals. Thanks to their dedication and competence, we have been able to redirect our firm management. They developed a tailor-made management plan for us. Close contact: as if they were part of the staff.
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