oboloo

oboloo Glossary

Service Company Inventory Management

oboloo Glossary

Service Company Inventory Management

Service Company Inventory Management (SCIM) is a procurement process that involves closely managing the resources of a company that offers services. This approach allows businesses to plan and manage the activities related to their service inventories in order to maximize efficiency and keep costs low. SCIM focuses on tracking and managing inventory levels, maintaining detailed records, forecasting future needs and ensuring efficient distribution of services – all with the goal of streamlining operations and increasing profitability. It’s an essential part of any successful service business, and one that should not be overlooked!

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971