10 Tips for Inventory Management

For many publishers, managing inventory is a method of trial and error. While computers can analyze sales data, deciding how many books to print at the outset and when to reprint is often based on instinct and knowledge gained from having been around the block in the industry. Some executives, however, rely on both computers and know-how to keep more precise tabs on their inventory. As one expert told Book Business, inventory management is not an art or a science, but a mix of both. Here are 10 tips that offer the best of both worlds.