For small businesses, visibility opens the door to better inventory management strategies

Managing inventory can be a sore spot for many small businesses. If done right, it can boost cash flow. But if done poorly (or manually), it can quickly drain resources.  While supply chain/inventory managers do their best to meet demand by fulfilling orders expediently, their job is increasingly complicated by the addition of new sales channels at one end of the supply chain and multiple inventory locations (i.e. stores, warehouses, suppliers, third-parties logistic providers, etc.) at the other.

Your large competitors have made significant investments into technology that optimizes inventory across the enterprise and have become inventory management experts. For example, these guys can take an order online and fulfill it from any location. They gather store in...

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