Inventory Management Small Business is a system used to track and manage the ordering, storing, and usage of any items held in a small business’s inventory. This includes everything from raw materials required for production to finished products ready to ship out to customers. It’s an essential process for businesses that depend on having a steady supply of items on hand – after all, if you don’t have the right inventory when your customers want it, you’ll lose their business. Fortunately, it doesn’t need to be complicated. With the right strategies in place, you can ensure your inventory is always stocked in the most cost-effective way possible, helping you keep costs low and profits high.