Inventory optimization
Inventory optimization is maintaining a balance between storage costs and maximizing sales. In the section you will find articles about optimization methods, calculating the optimal inventory and the resulting difficulties.
6 Signs That Your Company Needs an Inventory Optimization System
When exactly to implement an inventory optimization system is not a trivial question. On the one hand, the company...
What is Service Level and Why It's Important
Details on what are the level of service of I and II kinds, how and why to calculate them
Why should we calculate the order directly, rather than...
The classical approach to inventory planning is as follows: first, forecasting demand, then, based on the numbers...
Why Better Forecast Accuracy Doesn't Mean Better Profits....
Why Better Forecast Accuracy Doesn't Mean Better Profits. We discuss the 5 main challenges associated with using the...
How to determine the optimal service level
How to set the service level for a product or a group of products and what value would be optimal? We tell about the...
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