Question

inventory management allows a retailer to: know the ______ on hand at any given _____ and when it's time to reorder, and see how a product is _____ to keep popular items available for customers and answer customers' questions correctly.

Answer 1

Inventory management allows retailers to know the quantity of products on hand, when it's time to reorder, and to keep popular items available for customers.

Step-by-step explanation:

Inventory management allows a retailer to:

1. Know the quantity of products on hand at any given time.
2. Determine when it's time to reorder.
3. See how a product is selling to keep popular items available for customers.
4. Answer customers' questions correctly.

Effective inventory management is crucial for a retailer as it helps optimize stock levels, reduce storage costs, and ensure customer satisfaction. By continuously monitoring inventory and understanding customer demand, retailers can make informed decisions about when and how much to reorder, ensuring that popular items are always available.