How can I effectively manage inventory turnover and avoid overstocking in my boutique?

To manage inventory turnover effectively and avoid overstocking, utilize inventory management software to track sales trends and forecast demand accurately. Implement just-in-time inventory methods to minimize excess stock and holding costs while ensuring products are available when needed. Analyze historical data and adjust ordering quantities accordingly to maintain optimal inventory levels. Additionally, offer promotions or markdowns for slow-moving items to liquidate excess inventory and free up shelf space for more in-demand products. Regularly review and update your inventory management processes to adapt to changing market conditions and customer preferences.