Key to Success in Distribution and Manufacturing.
Optimizing your inventory refers to keeping the ideal amount of products to satisfy demand, avoiding both stockouts and large quantities of obsolete products. This process involves controlling, planning and anticipating the flow of products from your suppliers to your customers in the most economical and efficient way possible.
Increasing volatility of demand, supply chain disruptions, and technological advancements have driven many supply chain leaders to adopt new strategies for managing their most valuable asset, inventory. Below, you can learn about what inventory optimization pains are top of mind for the hundreds of supply chain leaders we’ve consulted over the last 12 months.