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Best Practices | Statistics |
---|---|
Implementing Inventory Management Software | 80% of companies see an improvement in inventory accuracy after implementing software |
Regular Inventory Audits | 60% reduction in inventory shrinkage with regular audits |
Optimizing Warehouse Layout | 30% increase in warehouse efficiency with optimized layout |
Utilizing RFID Technology | 50% reduction in picking errors with RFID technology |
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Source: Data compiled from industry reports and studies.