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An introduction to inventory optimization

Do your inventory management processes help you remain competitive and profitable? Or are you constantly struggling to sort out stock issues?

Enter, inventory optimization! Learn how it differs from basic inventory management practices and get an insight into the three fundamental stages of inventory optimization:

  • Accurate demand forecasting
  • Optimized inventory policies
  • Cost-effective replenishment 

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Demystifying key inventory terms: Your inventory optimization glossary

Inventory optimization is a complex but crucial aspect of supply chain management. However, if you haven’t heard of inventory optimization,…

Close up of piles of coins stacked next to each other with coins scattered on the table in front of the pile inventory replenishment best practice to increase profits

Inventory Replenishment Strategies To Increase Profit

What is inventory replenishment? Inventory replenishment is the process of moving stock items along the supply chain to ensure inventory…

Gold bars stacked three on the bottom, two in the middle and one on the top on a pink background to show a bell curve of a product lifecycle

The inventory planner’s guide to managing product life cycle

Every product goes through several phases from its launch to eventual phasing out, which is known as the product life…