The ideal level of inventory is different for each company.
Inventory tells the story about a business’ operational efficiency.
They inform executives of sales forecasting accuracy, manufacturing efficiency, planning effectiveness, supply chain disruptions, and quality control.
The ideal level of inventory is different for each company and changes based on current consumer demand, supply chain challenges, and strategic decisions.
Learn the four major considerations when assessing your company’s inventory by downloading our free eBook "Inventory Management & Optimization: 4 Drivers to Improve Inventory Levels."
Each of these 4 drivers will help you find answers to the following questions:
- How did we get into this mess?
- How big is this mess?
- How long do we wait for inventory?
- How do we prevent this mess from happening again?
Plus, the eBook includes bonus content on which Key Performance Indicators are critical to your business.