Inventory Optimization

Inventory optimization is the process of ensuring a business has the right amount of stock on hand to meet customer demand without overstocking or running out. This involves analyzing data on sales trends, seasonal demands, and supplier reliability to maintain a balance that minimizes costs while maximizing service levels. By optimizing inventory, businesses can reduce waste, lower storage costs, and improve cash flow, all while ensuring customers receive their products on time. Ultimately, it helps streamline operations and enhance profitability.