Tag: inventory optimization

Inventory Optimization Considerations

In order to optimize inventory levels, it is necessary to understand that inventory is not one massive quantity. It can be broken into sections that exist for assignable reasons. Some of the most important categories of inventory include anticipatory stock, cycle stock, early arrival stock, marketing stock, obsolete stock, pipeline stock, prebuilt stock, and safety stock. As defined by logistics management cycle stock is the inventory due to production frequencies. Early arrival stock is due…
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