There are many ways you are able to manage your inventory. It often has to be removed since it is damaged, stolen, lost, or simply used for other purposes. It is usually costly to hold and therefore, it is important to make certain that a business already has sufficient supply of products which have a lot of demand. When it’s tracking inventory in many places or doing in-depth audits of inventory action, there are a few items which are past the reach of a very simple inventory spreadsheet. It may be eye-opening to observe how much stock is removed as a price of conducting business.