Inventory Management

Inventory management is primarily about specifying the size and placement of stocked goods. Inventory management is required at different locations within different locations within facility or within multiple locations of a supply network to protect the regular and planned courses of production against the random disturbance of running out of materials out of materials and planned course of inventory management also concern the fine lines between replenishment lead time, carrying costs of inventory,  asset management, inventory forecasting, inventory valuation, inventory visibility, future price forecasting, inventory, available, physical space for inventory, quality management, replenishment, returns and defective good and demand forecasting.

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