ow much jewelry inventory should you own and how do you manage it?

ow much jewelry inventory should you own and how do you manage it?

ow much jewelry inventory should you own and how do you manage it?

 

 

 

Inventory management is a process of keeping track of your stocked jewelry, and documenting their weight and dimensions, number of pieces by attributes and variations, and location.

 

Here is Louvian management guide

 

 

Efficient and effective jewelry inventory management is critical to your business because it helps you minimize the holding costs by knowing when to replenish them and when to buy materials to manufacture them. Needless to say, negligent or inappropriate management of inventory can lead to loss of revenue from unmet sales targets because of failure to replenish the pieces when necessary or loss of more money for overstocking leading to unsold inventory.

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