Inventory Management with Optimization Technology

Why is optimization needed for inventory management?

Inventory carrying costs often comprise a substantial part of the total cost of production, and they drive significant decisions regarding production and distribution. Inventory service levels also affect customers’ satisfaction. Inventory optimization helps you determine the correct inventory target levels to keep at all locations and for all products throughout your supply chain, and helps you manage the trade-off between inventory and distribution costs and customer service levels.

What types of inventory management problems can be addressed with optimization based technologies?

Benefits of successful inventory management

Best Business Practices to enable successful inventory management

Capabilities that optimization solutions need to deliver to enable successful inventory management

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