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Opinions

Gursh Atwal, Sales Manager, AEB (International) Ltd

Inventory optimisation – a key tool for supply chain success

In markets subject to globalisation, volatility, economic uncertainty, changes in demand channels and different distribution strategies, companies face tremendous challenges to match increasing supply volumes and product ranges to customer demand while keeping costs down at the same time. The amount of inventory a company holds can be a significant cost factor, based on the cost of the inventory itself and the cost of shipping, handling and storage. So naturally, most companies want to hold...