Inventory Optimization
Description
Determines optimal inventory policies and target stock levels across the supply chain network to balance service levels and working capital. This capability uses analytical methods to set safety stock, reorder points, and min/max levels that protect against demand and supply variability while minimising excess inventory investment.
Key Activities
- Safety stock calculation
- Multi-echelon inventory optimisation
- Inventory policy management
- Slow-moving and obsolete stock management
Enabling Systems
- Inventory optimisation engines
- APS
- ERP inventory modules