Control Shrink, Lower Inventory Costs

By Erin Harris, Integrated Solutions For Retailers magazine

Inventory can represent the largest asset on a retailer's balance sheet, accounting for 60% to 80% of retailers' total assets. Effective inventory management can have a significant impact on the company's overall financial success. Dave Haller, VP sales and marketing at WIS International, explains how retailers can lower costs associated with inventory and how to improve the inventory process.