Your company's success is not only dependent on sales, but also on your company's ability to say, "Yes we have that item in stock." The problem is, inventory control is usually an after thought.
it controlling costs
before taxes. That means it takes $2500 in new sales to make up for $100 in lost products. If your warehouse loses $100 per week, the sales department needs an additional $130,000 in new sales each year just to break even . Again I ask, how much is having an inaccurate inventory costing your company? You select the number! Value of Lost Material Net Profit Before Tax 4% 1% $50 $1,250 $5,000 $100 $2,500 $10,000 $1000 $25,000 $100,000 $10000 $250,000 $1,000,000 Controlling Inventory The control of your