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Inventory management for long has been a concern point for all companies. The need to reduce the wastages, increase ROI and efficiency has led to development and usage of Modern Inventory practices like JIT, Pareto’s Law, Drop Shipment, etc. However, even now many companies resort to older ways of cutting costs in inventory. A prime example of the same is Bulk Shipment. While it is still one of the easiest and economical way to gain more profits, does it truly save costs.
Reasons why Bulk Shipment saving inventory costs maybe a myth:
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