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one of the most critical tasks that any retail business is managing its inventory efficiently sometimes especially for small retailers this task becomes very challenging due to the absence of the required data that could give the real picture of the existing inventory this is because some retailers either do not have a system that collects and tracks such data or because the retailer doesnt implement the right data structure that allows for running in-depth reports that help managing inventory the right way in this lesson that was taken out of the merchandising and inventory management course we list the most common data points that need to be tracked in order to be able to run different merchandising reports that could give us the big picture of our inventory and help us make the right decisions to manage this inventory and make the most out of it lets watch the lesson every piece of inventory that enters the business should be tracked throughout its life cycle until it exits the bu
