-
- Customer Support Engineer, Supply manager
Safety Stock or Min/Max Method?
- Inventory management is crucial for a company's financial health, whether managing a small inventory of 1,000 items or a large stock of 100,000. Balancing customer demand with cost optimization is essential, especially in the context of disruptions like the pandemic. Key terms include: Safety Stock: A buffer against fluctuations in demand or unexpected delays. Reorder Point: The point at which…
- Read more