The Hidden Costs Of Poor Inventory Management And How To Fix It — Chris Hondl | The Complexity Of Multi-platform Inventory, Why Overstocking Hurts Your Business, How Accurate Records Help Your Finances, Why Non-moving Inventory Limits Your Growth (#382)

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In this episode, we dive into the hidden costs of poor inventory management and discover practical solutions for e-commerce businesses. 

Our featured guest on the show is Chris Hondl Co-Founder and CTO of Finale Inventory. Chris shares insights on common inventory pitfalls like understocking and overstocking, strategies for managing complex multi-channel operations, and how proper inventory systems can unlock business growth by improving cash flow and customer satisfaction. 

Topics discussed in this episode: 

• How can overstocking drain your cash flow. 
• Why is forecasting crucial for seasonal demand. 
• How does real-time tracking prevent stockouts. 
• What you should look for in an inventory system. 
• How does inventory management impact customer loyalty. 

Links & Resources 

Website: https://www.finaleinventory.com/
LinkedIn: https://www.linkedin.com/company/finale-inventory/
Facebook: https://www.facebook.com/finaleinventory/
X/Twitter: https://x.com/finaleinventory 

Get access to more free resources by visiting the show notes at
https://tinyurl.com/3mmsp369

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