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Lastly, an explanation of the bottleneck theory will be given along with two solutions on how to resolve the bottleneck issue.
Inventory Management
Many companies who sell and provide merchandise for their customers more than likely house inventory. Inventory management is important for an organization to help with the order in which products are stocked, sold, maintained and reordered. The principles of inventory management are as follows. The two principles of inventory management to be discussed are simple and easy to follow. For example, one of the top priorities in inventory management is to maintain a clean, organized warehouse in which all items are properly stored and labeled...
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