Mastering Inventory Management: Strategies for Success

Join us as we dive into the often-overlooked world of inventory management with expert Felix. Discover how bound capital impacts your bottom line, explore the hidden costs of stock shortages, and learn about various inventory strategies like FIFO, LIFO, and JIT. We’ll break down the complexities of handling and maintenance costs, and reveal how effective inventory practices can enhance production efficiency. Whether you're new to the field or a seasoned pro, this episode will equip you with essential insights to optimize your inventory and boost your profits!