Why inventory management is crucial in mitigating risk 

One often forgotten aspect of efficient supply chain management is effective stockholding and order flow, referenced here as inventory management. A failure to exercise control can have enormous risk consequences for security and contractual liabilities. TT Club’s Josh Finch delves into the details of controlling inventory properly and avoiding such damage.

The importance of systematic organisation is paramount. Theft risks concerning goods and cargo tend to escalate in environments characterised by confusion or disorganisation. The reason inventory management is so central ...