Stock management and logistics
How does stock management relate to logistics? Closely analyzing demand and monitoring stock will have a direct impact on the achievement of your sales goals, there are several KPI’s that should be reviewed such as inventory turnover rate, backorder rate, days on hand, and other indicators that will give you visibility on how often you should replenish or import merchandise, where it is crucial to consider delivery times and the length of time your cargo will be kept in transit. In cases w...
