Monday, November 3, 2008

Managing Inventory Assets for an Online Retailer

A great way to get a startup rolling is by jumping into the world of online retail. However, there are challenges that need to be faced since by becoming a virtual retailer, you also become a very physical warehouse.

Startup Nation has a good article about how to efficiently manage your inventory, no matter the size. They suggest:

• Grow into the space you’ll need.
• Don’t just store it; organize it!
• Consider outsourcing
• Take the “perfect” option.

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