Business is usually bound to go down some time with excess inventory. Of course, excess inventories weaken the competitiveness of the company by increasing operating costs and reducing margins. A few more business companies can be reluctant to agree that they have excess inventory. They want a good company to believe they are doing well. … Continue reading How Omni Channel Demand Forecasting helps in avoiding your excess inventory?
Any skilled supply chain expertise will simply tell you that maintaining optimized inventory levels by successful inventory replenishment is a tricky tightrope walk. However, replenishment planning of inventories-rightly done-could has a genuinely positive impact on your business by reducing the supply chain risk and improving the profitability of your business. Now that we are about … Continue reading How Inventory Replenishment avoid Excess Inventory?