Dropshipping is among the most cost-effective retail models that help businesses thrive without keeping any stock/inventory.
Purchasing inventory at the right price and finding the right manufacturer plays a critical role in running a successful business. Read more here.
Having a good inventory management system is as essential as any other element that helps in upscaling your business. Read more on inventory days on hand here.
Inventory management includes aspects such as controlling and overseeing purchases, both from the suppliers and from the customers.