Inventory optimisation for the building materials industry

In the building materials industry stock availability is key to competitiveness. You need to be on top of your game when it comes to managing your inventory.

But how do you fulfil every order without tying up too much capital in surplus stock? The answer lies in inventory optimisation. Read on to learn:

• Why it’s critical to optimise your inventory levels
• The difference between basic inventory management and inventory optimisation
• The three fundamental elements of inventory optimisation: statistical demand forecasting, advanced inventory policies and efficient order management