Business Inventory Requirements
Managing the inventory of a business is important. Having insufficient stock on hand can often result in lost sales and dissatisfied customers. However, having too much inventory on hand can be financially strenuous as your available cash is tied up in product that sits in your warehouse. Businesses that successfully manage their inventory keep enough on hand to satisfy demand and replenish that inventory just as their supply is running out. Firms that are seasonal in nature or that have fluctuating demand keep a 'safety stock' on hand to make sure they can accommodate unanticipated need.
NOTICE: ANB Bank is not responsible for nor has control over the content of any linked site. The inclusion of a link does not imply or constitute an endorsement by ANB Bank, its ownership or management, the products or services it offers, or any advertisers or sponsors appearing on the linked site.