There are occasions when resources or items are unaccounted for in the system, which is referred to as invisible inventory. Misdirected returned products, misplaced scanning equipment, inadequate receiving schedules, and other factors can all contribute to this.
When the number of these instances rises dramatically, it can cause serious difficulties. When forecasting is overdone, for example, holding charges and associated additional expenses may be increased. Furthermore, sales may be lost due to insufficient or old inventory. On ways to stay ahead of the curve when it comes to managing your inventory, check out the resource below.