InventoryManagementGoal

What is the inventory management goal?

  • 19th September 2019
  • Blogs

The goal of any inventory management process is to increase the output of a system while keeping investment and operating expenses under control. In a factory, this translates into increasing production while reducing work in progress. For retailers, it means increasing sales while controlling merchandise on hand. Here is the […]

Blog-Ship-or-Not Ship

To ship or not to ship – let the machine decide

To ship or not to ship, that is the question. Should you drive inventory levels down to increase shareholder value with great ROI but run the risk of being out of stock? Or, do you stack inventory high with hopes of selling more but risk having to mark it down […]