Kitting Reduces Inventory Costs
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The Hidden Costs of Inventory: How Kitting Reduces Inventory Costs
Click to Expand Financial optimization encourages businesses to be as efficient and profitable as possible. This is because the cost of inventory, like storing items and other expenditures, might cost more than the initial purchase price. They extend to storage expenses, carrying expenses, shrinkage, obsolescence, and the fee of tying up capital in excess stock. […]