When most business owners think about increasing profit, they think about increasing sales, raising prices, reducing payroll, or negotiating better supplier pricing. But there is another major lever: getting smarter about the inventory you already buy, store, and sell.

Inventory can generate profit—but inventory can also consume cash, take up valuable space, become obsolete, get damaged, expire, or sit on a shelf while you continue paying bills.

Instructor: Michael Letson

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