BizSugar.com › Management › 6 Inventory Challenges That Can Be Avoided

As we detailed in our previous article, Tracking Nightmares, inventory shrinkage is a huge problem in North America effectively robbing retailers of billions each year. It’s bad enough when inventory disappears because of theft by customers, employees or suppliers, but it’s especially frustrating when your inventory shrinks through preventable mistakes and poor inventory management procedures. Here are six classic inventory challenges and a few tips to prevent or fix them.