Five Inventory Optimization Secrets for Aftermarket Parts
AUGUST 3, 2020
It’s notoriously difficult to optimize inventory for aftermarket parts. You need to maintain high service levels, but sporadic demand and an infinite number of SKUs frequently lead to waste, excess cost and product obsolescence. Probability forecasting offers a more accurate way of predicting customer behavior and staying prepared, especially for items with long-tail demand. Read on for our five inventory optimization secrets for aftermarket parts.