Why is a Balanced Inventory Important?

With the rapid changes in eCommerce, small and large businesses must make inventory management a priority. Without inventory management, problems may arise with too little or too much inventory. For example, not having enough inventory could lead to missed sales for your online store. 7 in 10 online shoppers will pursue an item elsewhere instead of waiting for it to return. This is just one of many issues a store may face without an accurate inventory.

If you are interested in learning a few strategies for improving inventory accuracy, take a look at the resource below. It also has a few more examples of common issues a store may run into with an inaccurate inventory.

Infographic created by WSI, a fulfillment logistics company