There are many ways you’re able to manage your inventory. Often it needs to be removed since it is damaged, lost, stolen, or simply used for other purposes. It’s usually costly to maintain and thus, it is very important to ensure that a business already has adequate supply of products which are high in demand. When it is tracking inventory in several places or performing in-depth audits of stock activity, there are a few things which are past the range of a very straightforward inventory spreadsheet. It may be eye-opening to observe how much stock is eliminated as a price of conducting business.