Inventory Optimization Opinion
This Article provides valuable insight into Inventory Optimization and the role it plays in today’s challenging market
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Inventory Optimization refers to the application of technology and techniques across the supply chain to improve visibility, management and control of inventory levels so as to maximize the efficiency of inventory levels. The true value of Inventory Optimization is the ability to properly handle a multi-channel enterprise minimizing inventory in all channels at the same time as customer service is meeting customer demands.
An Inventory Optimization multi-channel approach helps an enterprise:
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“As a result of implementing SYSPRO, we have reduced quoting and order entry time by 70% and 50% respectively.”
General Manage Epicentre
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