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Merchandising, Inventory and Operations Execution (MIOE)

Merchandising, inventory, and operations execution (MIOE) is the process of planning how to bring products from concept to market. This procedure also reviews current operations to be improved upon with new technologies and processes. Reviews include everything from product development to supply chain management and distribution. This is done by considering what products are being sold, how much inventory is needed, and where the products will be sold.

What Small and Midsize Businesses Need to Know About Merchandising, Inventory and Operations Execution (MIOE)

For smaller businesses that sell physical goods, this presents an opportunity for them to streamline their processes to get new products out faster or improve processes to reduce costs associated with production, such as labor and raw materials. This allows companies to compete more effectively against other retailers selling similar products.

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