Have you ever asked, 'am I holding the optimum amount of inventory?' or 'what is the right amount of inventory to service demand without putting pressure on cash flow?'. These are questions commonly asked but not always answered.
A robust SKU level inventory policy comprises of 2 factors, Safety Stock and Cycle Stock, defining these 2 volumes supports inventory managers with the parameters required to maintain inventory within policy, and provides senior management with the metrics to identify policy exceptions that require action.
To find out more visit our Inventory Management page.
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