Inventory management is a multi-level process, where each section of the supply chain performs its own function while cooperating with other specialists and departments.
Optimization hasn’t always been easy, especially when it comes to shelf space performance. Merchandisers must consider product, position, and profit when determining optimal marketing strategy.
Excess inventories are products that have not been sold due to poor demand forecasting. Learn how to avoid it and how to get rid of this surplus stock.
Safety stock is not a static number, it is subject to change with the fluctuations of demand or delivery time. Learn to calculate it and avoid mistakes.
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