Lots of organizations, especially online shopping systems, do not have inventory in stock but they don’t update the website as per the inven
Negative inventory is very similar to phantom inventory. Negative inventory is one of the most common problems in the e-commerce industry. The audit is a powerful procedure that helps in fixing negative inventory issues. Most of the time inventory audit can be a long and hectic procedure. Inventory management software automates the process. Moreover, inventory management software comes with the audit feature. Another important feature of inventory management software is that it alerts the team in advance whenever the inventory is below the inventory level. Inventory reports will not be accurate and full of errors. negative inventory techniques shall be avoided in the long term.
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