![]() ![]() For example, logging new deliveries correctly sets up the foundation for upcoming days and weeks of selling those products. Your inventory specialist should know your product range well, which then allows them to work quickly and avoid mistakes. That’s why attention to detail is critical. Inventory management mistakes can result in phantom inventory, shipping delays, and customer disappointment-in other words, they can be quite expensive. Look for these critical skills when considering hiring an inventory control specialist. With a dedicated inventory specialist, you can prioritize both the customer experience and the inventory records that change as a result of a return. Investigating the reasons behind the returnĪ survey by Doddle revealed that 84% of consumers form their opinion about a retailer based on their returns experience.Logging the item in your inventory management system.If your store offers returns, your inventory specialist will facilitate the return process. Great inventory specialists will rely on it heavily. Sales and inventory data from your POS system is crucial for timely and accurate restocking. How big is the risk of overstocking or stockouts based on the inventory they order.How to keep order fulfillment costs at their minimum.Supply chain specifics, like how long it takes to produce and deliver a specific item or how material shortages affect the supply chain.Which products to restock and how often.This is a layered process, because the specialist needs to know: Inventory specialists are in charge of placing orders for new inventory. The goal is to streamline your storage room-it makes everyone’s job easier. Tweaking the stockroom layout based on seasonal changes in product demand.Training your retail staff to navigate the stockroom and keep it organized. ![]()
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