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Should you be using inventory optimization software?

Inventory Optimization & Management

Should you be using inventory optimization software? Which types of businesses would benefit from it? The answer is probably and most of them. Tech Target said, “Companies implement and use inventory optimization software because they realize that inventory, although necessary, ties up a considerable amount of the company's working capital. It makes good business sense to minimize that inventory investment.” Those that deal with perishable products or inventory in multiple locations can certainly benefit from technology like this!

Which companies could use inventory optimization software?

Inventory optimization software determines the right amount of inventory needed at each location in the supply chain to maintain the desired customer service level.Companies implement and use inventory optimization software because they realize that inventory, although necessary, ties up a considera

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