Inventory Management

Inventory management balances the cost of holding stock against the cost of stockouts, using policies such as reorder points, safety stock, ABC analysis, cycle counting, and demand forecasting. Modern practice runs on ERP and WMS data, with techniques like JIT, Kanban, and vendor-managed inventory used to compress working capital without starving operations. Strong inventory management is one of the highest-leverage skills in any goods-producing or distribution business.

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