Nadine would like to improve the management of inventory in her company. One of her first activities should be to
A) discount current items.
B) discover how long items have been in inventory.
C) organize current items by skew number.
D) purchase new items.

Question

Quizplus · Accepted Answer

Discovering how long items have been in inventory is important in determining which items are not selling well and which items may need to be discounted or promoted to move quickly. It can also help in identifying any inefficiencies in the ordering and stocking process. Organizing items by skew number and purchasing new items may be necessary steps after assessing the current inventory, but discovering how long items have been in inventory should be the first activity to improve inventory management.

Nadine Would Like to Improve the Management of Inventory in Her