Kitting Reduces Inventory Costs

The Hidden Costs of Inventory: How Kitting Reduces Inventory Costs

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. Understanding every component […]

Read More