How can you know whether you’re doing a good job managing inventory?
When it comes to determining the success rate of inventory management, the numbers speak for themselves. Compare the data from before and after you’ve introduced new inventory management procedures.
Have you seen a reduction in mis-shipments, mis-picks, or out-of-stocks? What about a stock that has died? Have you gotten rid of the dead inventory stacks along the warehouse’s perimeter?
If so, you’ve completed inventory management successfully. As a result, you may anticipate seeing an increase in your Sellers Rating Performance, as well as greater customer ratings and loyalty.