What is the best method to manage inventory?

[Shavkat]

The ABC classification system is a way of managing inventory based on their overall value, I discovered while attending business school. It is actually the most user-friendly and popular system.

 

[Bisolami]

The ABC classification system is a way of managing inventory based on their overall value, I discovered while attending business school. It is actually the most user-friendly and popular system.

ABC classification?
This is my first time to hear about it. I will check the meaning online.

 

[Reedex]

ABC classification?
This is my first time to hear about it. I will check the meaning online.

I have seen so many businesses not taking into account the management of the inventory and such business would not last long.

 

[uptrendfinancialsignal]

ABC classification?
This is my first time to hear about it. I will check the meaning online.

Inventory management is extremely useful and important for each and every businesses that wants to make success.