As supply chains become faster, your inventory management needs to keep up.
ABC Analysis
Categorize your stock into A (High value, low sales), B (Moderate), and C (Low value, high sales). Focus your management efforts on category A.
Just-In-time (JIT)
Reduce holding costs by ordering stock only when needed. NammaBill's sales velocity reports help predict demand.
Batch Tracking
For items with expiry dates, tracking batches is essential to reduce spoilage.