#96: All Things Inventory + Profit First for Retail
The Inventory Genius Podcast
00:00
Managing Inventory and Asset Tracking in Retail
This chapter explores the significance of efficient inventory management in a retail business, including entering inventory with costs and conducting regular physical inventory counts. It also discusses managing damages and discrepancies in shipments by contacting vendors for credits or refunds, accounting for damaged inventory returns, and making proper journal entries for inventory disposal or donation.
Transcript
Play full episode
