How to Optimize Inventory Levels and Reduce Overstock in Fashion Retail?

My Field Heroes Blog25 Nov, 2024Technology

Inventory management is directly proportional to success in business. Overstock can drain resources, tie up capital, and lead to heavy markdowns, whereas understock can frustrate customers and lose sales. What you need to do is use automation tools (MyFieldHeroes) which your inventory staff will use and provide you updates constantly. This will help you to optimize inventory levels and reduce stockpiling.