By Cameron Nyack: This article reveals essential inventory management strategies every business owner needs to know. Whether you're running an online shop, a local retail store, or a warehouse operation, you'll discover proven methods to prevent stockouts, reduce waste, boost cash flow, and streamline your supply chain. Learn how to leverage technology, forecasting, and smart vendor relationships to keep your business competitive, profitable, and prepared for any challenge. Inventory is the lifeblood of any product-based business. Whether you run an online store like Glorinia.com, operate a brick-and-mortar shop, manage a warehouse, or supply other businesses, your ability to manage inventory efficiently often determines whether you grow or struggle. Ineffective inventory control can lead to stockouts, lost sales, cash flow shortages, excessive storage costs, and dissatisfied customers. Forward-thinking businesses, however, leverage proven strategies to keep products moving...