The Hidden Costs Of Poor Inventory Management And How To Fix It — Chris Hondl | The Complexity Of Multi-platform Inventory, Why Overstocking Hurts Your Business, How Accurate Records Help Your Finances, Why Non-moving Inventory Limits Your Growth (#382)

Enjoying the Ecommerce Coffee Break Podcast? Here are a few ways to grow your business: https://ecommercecoffeebreak.com/level-up/ ---In this episode, we dive into the hidden costs of poor inventory management and discover practical solutions for e-commerce businesses. Our featured guest on the show is Chris Hondl Co-Founder and CTO of Finale Inventory. Chris shares insights on common inventory pitfalls like understocking and overstocking, strategies for managing complex multi-channel operations, and how proper inventory systems can unlock business growth by improving cash flow and customer satisfaction. Topics discussed in this episode: How can overstocking drain your cash flow. Why is forecasting crucial for seasonal demand. How does real-time tracking prevent stockouts. What you should look for in an inventory system. How does inventory management impact customer loyalty. Links & Resources Website: https://www.finaleinventory.com/ LinkedIn: https://www.linkedin.com/company/finale-inventory/ Facebook: https://www.facebook.com/finaleinventory/ X/Twitter: https://x.com/finaleinventory Get access to more free resources by visiting the show notes athttps://tinyurl.com/3mmsp369______________________________________________________LOVE THE SHOW? HERE ARE THE NEXT STEPS!Follow the podcast to get every bonus episode. Tap follow now and don’t miss out!  Rate & Review: Help others discover the show by rating the show on Apple Podcasts at https://tinyurl.com/ecb-apple-podcasts   Join our Free Newsletter: https://newsletter.ecommercecoffeebreak.com/   Partner with us: https://ecommercecoffeebreak.com/partner-with-us/