Sat.Jan 07, 2017 - Fri.Jan 13, 2017

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Inventory Optimization and its Role in Businesses

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Inventory optimization is a supply-chain management method that attempts to remove excess inventory while maintaining the right amount of inventory at the right places to meet consumer demand and revenue goals. Today, inventory optimization is considered a core competency for mid-sized and large corporations, with the potential to save working capital by reducing inventory without damaging operations and sales.