Inventory visibility issues have grown exponentially as more customers turn to online purchasing. Tracking an item can become even more complex due to the additional steps and expediency demands of this now preferred process. Often referred to as invisible inventory, there are times when materials or products are unaccounted for in the system.
Invisible inventory is unaccounted inventory, materials or items in the supply chain due to inadequate inventory management processes. Misdirected returned products, misplaced scanning equipment, inadequate receiving schedules, and other factors can all contribute to this.
For ways to stay ahead of the curve when it comes to managing your inventory, check out the resource below.
Invisible Inventory from Celerant, a point of sale software company