REACS Inventory Optimization Software

What is Effective Inventory Management?

What is Effective Inventory Management?  Although subjective, most would describe effective inventory management as ‘the ability to optimize between service level goals and the investment in inventory required to achieve those goals’.  Translation: maximum service with minimum inventory. Effective inventory management requires the following: An understanding of what is important to your customers An ability to look Read more about What is Effective Inventory Management?[…]