Inventory management is a crucial asset for businesses as it enables them to minimize

the cost of inventory on a company’s balance sheet when they receive these goods. Inventory
can be classified in three ways, including materials, work-in-progress, and finished goods.
Thus, having enough inventory to satisfy customers is an important part of a retailer's business
process. Preventing stockouts can help a company make consistent profits and maintain
customer loyalty. Understanding how to prevent stockouts can help you keep products ready for
customers. 

By keeping stock, both retailers and manufacturers can continue to sell or build items.
Inventory is a major asset on the balance sheet for most companies, however, too much
inventory can become a practical liability. As a business leader, you practice inventory
management in order to ensure that you have enough stock on hand and to identify when there’s
a shortage.
Inventory counts help you understand which stock is moving well and inventory
managers often use this information to forecast stock needs and manage Regardless of the size
of your company, having a proper inventory management system is very important for any
business. It can help you keep track of all your supplies and determine the exact prices. It can
also help you manage sudden changes in demand without sacrificing customer experience or
product quality budgets.
Enlightened by the above premises, the researcher envisions conducting a study about
the business problem regarding to the stocks and the problem of Updrift Shoe Store was
established in 2021. We come up with this topic to figure out the main problem of the store
regarding through their stock outs. In this research, we can help the business to figure out the
causes and the problems of the business and also, we were able to formulate solutions and
providing suggestions to better improve the business situation.
Since the business was established in 2021, it is new and the mere fact that they were
facing problems like these, there is always a solution to every problem encountered. In order to
understand the problems they are facing and to have more source of information to solve the
problem. Moreover, we need to help the business to find ways how to manage the inventory to
improve the business growth and to search ideas ro support the business to grow and also to
help the business to achieve their customer satisfaction and retention,
The primary focus of this research is to leverage a better inventory management system
to streamline your processes, save time and money, and make the most of the store’s
storage spaces. 
For analyzing this research, the researchers try to find out how to have a good inventory
management by collecting all necessary information to support the research ideas in the
analysis. The steps used in research are searching for the problem that the store are facing
right now and finding the related data and quotes that support the theme until making the
conclusion of that analysis.