Inventory Optimization

Inventory Optimization is the process of managing stock levels to ensure that the right amount of inventory is available to meet demand without overstocking or understocking.

This balances working capital and customer satisfaction.

By using data analytics and forecasting, companies can optimize inventory levels, reducing carrying costs and minimizing stockouts.

For example, a retail company may optimize its inventory by adjusting order quantities based on seasonal demand patterns to avoid surplus stock after peak seasons.

Relatico offers tools for tracking and analyzing inventory data, helping businesses optimize their inventory management strategies.

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