Become a Top-notch Inventory Management Expert

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Data	Statistics
Total Inventory Value	$1.2 trillion
Inventory Shrinkage Rate	1.33%
Inventory Turnover Ratio	5.2 times

Start your journey to becoming a top-notch inventory management expert by mastering these key statistics. By understanding the value of your inventory, the shrinkage rate, and the turnover ratio, you can make informed decisions that will optimize your inventory management processes.

Remember to constantly analyze and adjust your inventory management strategies to stay ahead of the competition and maximize your profits.

Source: Inventory Management Association