We’re living in a globalized world. So, it makes sense that more and more businesses are developing an international supply chain and taking advantage of its many benefits. If you’re already international, or are thinking of heading in that direction, make sure you keep doing inventory management right.
Inventory management, or the management of your most important assets, is an essential part of business operations. At the best of times, it can be a complicated feat. Add in multiple locations, different countries, even different continents, and things can get even trickier. Small mistakes can cost big money, or on the flip side, there are small changes that could save you a lot of money. Keep these seven things in mind when going international with inventory management.