Here’s How to Measure Inventory Health
ToolsGroup
AUGUST 20, 2021
Looking for a relatively quick way to measure inventory health? “It all starts with a demand-driven approach,” says Gerrott Faulkingham, director of solution engineering at ToolsGroup. “Even though we’re talking about inventory, we first have to understand customer buying behavior—and how that then translates into inventory requirements.” As a reminder, the key to measuring inventory health is to assess inventory holdings relative to expected future customer demand according to service level (pr
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