Average Inventory Defined: Formula, Use, & Challenges
“Average Inventory Defined: Formula, Use, & Challenges” Blog Credit: Abby Jenkins, January 13, 2021 (Average Inventory Defined: Formula, Use, & Challenges | NetSuite) Inventory management is key to managing costs and maintaining customer satisfaction. Too much inventory on hand means capital is tied up unnecessarily and may even be at risk. For example, some perishable,…