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Optimizing Inventory Management Strategies by Nguyen Thanh Duy is a document available to read on EtoBox.

What is Optimizing Inventory Management Strategies about?

This document discusses strategies for professional inventory management beyond basic approaches. It introduces the concepts of overage, or excess inventory above optimal levels, and extends inventory classification systems to 6 or more classes for greater control. Safety stock is also discussed as a way to manage risk from uncertain demand and lead times. The goal is to provide managers with options to improve inventory performance by reducing overage and optimizing stock levels.

Author

Nguyen Thanh Duy

Language

EN