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The information relates to inventory management as it's vital in tracking the purchase of sales of goods and services.
It should be noted that organizations must balance good performance with responsibility to key three policies: social, economic and environmental.
This illustrates how they can help organizations identify the stock to be ordered and how to generate revenue.
An inventory workable solution to ensure future stock does not go to waste is to order smaller batches and get transparent with customers about the remaining inventory.
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