With regards to inventory management, Keiran mentioned that you should have a discriminatory treatment to your “golden goose”. Replenish the orders frequently, check your inventories – and do things to preference the most profitable item on your stocks. Don’t worry, the other inventory won’t protest against you.
Watch this video and study the 33 Sins in inventory management:
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Editor’s Note: This post was originally published in January 2020, under the title “Inventory Management’s ‘Sins’ with Keiran Hogan” in Logistics Bureau’s website.