Optimizing Inventory Is About Improving Service While Lowering Inventory. Wait, What?
ToolsGroup
OCTOBER 20, 2020
One of the hardest parts of my job is helping customers get to grips with complex, counterintuitive supply chain concepts. Equally mystifying to people is the concept of inventory optimization. – Don’t you have to raise inventory levels to guarantee service levels?” A better way: Inventory mix optimization.
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