Inventory optimization
Business practice for improving location and size of inventory storage / From Wikipedia, the free encyclopedia
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Inventory optimization refers to the techniques used by businesses to improve their oversight, control and management of inventory size and location across their extended supply network.[1] It has been observed within operations research that "every company has the challenge of matching its supply volume to customer demand. How well the company manages this challenge has a major impact on its profitability."[2]
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