Table of Contents:
Abstract
This project will develop an inventory management plan for a new specialty retail store called ABC Gifts. The store will carry a curated selection of home goods, accessories, and gifts. An effective inventory management system is critical for the success of any retail business to ensure the right products are in stock and available for customers. This project will analyze inventory management best practices and develop a customized plan for ABC Gifts. The plan will cover inventory tracking methods, reordering policies, storage and organization, and strategies for reducing excess inventory.
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