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Inventory management covers the enter SME process from raw materials and work-in-progress to finished goods. This process for Perth SMEs and their business accountants includes monitoring inventory levels, establishing the ideal stock quantities, and coordinating the procurement and storage of inventory for customer needs.
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Enhancing Inventory Management to Boost Customer Satisfaction
The Role of Inventory Management
Availability: Ensures products are in stock when customers need them. Impact on Customer Satisfaction Speed: Reduces wait times for order fulfillment. Accuracy: Minimizes errors in order processing and delivery. Loyalty: Builds trust and encourages repeat business.
Leveraging Cloud Accounting cashflow Perth business accountants
Conclusion and Key Takeaways cloud accounting Perth business accountants