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Best Practices | Benefits |
---|---|
Implement Inventory Management System | Reduces stockouts and overstock, improves order accuracy |
Optimize Layout and Storage | Maximizes space utilization, reduces travel time |
Utilize Technology | Automates processes, improves efficiency |
Implement Lean Principles | Reduces waste, improves productivity |
Regularly Analyze Data | Identifies trends, helps in decision-making |
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Source: Data compiled from industry reports and studies.