The difficulties with inventory visibility have multiplied as more customers make purchases online. Sometimes, products or resources go unaccounted for in the system; this is known as invisible inventory. Due to insufficient inventory management procedures, invisible inventory refers to unaccounted inventory, materials, or commodities in the supply chain. This can be caused by a variety of things, including improper receiving schedules, misdirected returned goods, lost scanning equipment, and more.
For ways to stay ahead of the curve when it comes to managing your inventory, check out the resource below.