consult-with-proficient-seller-account-audit-experts-to-grow-your-company/
A clothing store had problems with both under- and overstocking, which caused them to lose customers and incur higher holding expenses. An audit of inventory management was carried out by a professional consultant, who examined past sales data and present stock levels. An optimization of replenishment procedures and a demand forecasting system were also suggested by the consultant. Consequently, the retailer saw a dramatic improvement in their cash flow and profitability, with a reduction of 35% in excess inventory and a 40% improvement in stockouts.