![]() ![]() ![]() Therefore it’s important to invest money in products that will sell so you can optimize inventory turnover and warehouse space. ![]() We all know that inventory takes up valuable warehouse space and ties up capital. This is done by forecasting demand and managing supply variables while dynamically adjusting stock rules and inventory parameters. It’s the art of achieving stock availability, while reducing inventory costs and minimizing the risk of excess items. Stock optimization (also known as inventory optimization) plays a key role in ensuring inventory control techniques can be carried out effectively. The objective of stock optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible. ![]()
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