What are the Benefits of Holding Inventory in a firm

Inventory is an important asset of a firm and its management should be accurate, proactive, and efficient. Holding too little or too much inventory is a burden on profitability and productivity, still, it is highly important for many businesses to hold a sufficient quantity of inventory all the time. The main objective to hold inventory is to meet customer targets without compromising cash flow. Inventory managers refine their supply chain operations to achieve optimum stock levels. Inventory management is a vital topic for students who study Accounting and therefore students face a difficulty writing assignments on this topic look for from BookMyEssay.