In managing inventory, what should a Team Leader track closely?

Prepare for the Graeter's Team Leader Test with confidence using interactive flashcards and an array of multiple choice questions. Dive deep into each topic with hints and explanations to boost your readiness!

Tracking stock levels and expiration dates is crucial for a Team Leader managing inventory because it ensures that the business can meet customer demand without overstocking or running out of products. Stock levels indicate how much product is currently available, allowing the Team Leader to make informed decisions about reordering and preventing shortages. Additionally, monitoring expiration dates is essential in maintaining product quality and safety, particularly for perishable items. This helps avoid wastage and ensures that customers receive fresh products, which is vital for maintaining customer satisfaction and trust.

In contrast, while employee attendance, customer preferences, and sales promotions are important for overall team management and business strategy, they do not directly impact the day-to-day handling of inventory in the same way that stock levels and expiration dates do. The focus on inventory management primarily revolves around ensuring that the right products are available at the right time, which is why closely tracking stock and expiration is fundamental to effective operations.

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