Maintaining low inventory levels is a common logistics and inventory objective for companies. Inventory requires management and incurs costs. Companies typically try to achieve a balance whereby they ...

How much inventory is enough? How do you arbitrate across different viewpoints, weighing inventory investment against the impact of stocking out? Service Level has proven to be an objective metric ...

Inventory is a major asset on a small business's balance sheet and can tie up the often-limited capital resources for various periods. Effective inventory management control requires businesses to ...