Finding the right balance of inventory is more than just having the right number of products in stock. It is predicting sales trends, analyzing costs, and obtaining contractual agreements with suppliers to lower overall costs. Inventory management can determine the health of the supply chain. It can also impact the financial health of the company. It is important for a business to maintain optimum inventory to meet its requirements and avoid over or under-stocked inventory issues. Optimizing inventory requires constant and careful evaluation of external and internal factors, especially when preparing a company for sale. In this podcast Gower Idrees, CEO of RareBrain, explains how optimizing inventory can improve business valuation in a business sale.
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