Inventory Observation is the practice of monitoring your stock levels to ensure they are at the desired level. It involves making sure that goods and services can be delivered on time, in the right quantities, of the right quality and cost. This process requires a detailed understanding of your company’s supply chain processes, which allows you to identify areas for improvement or savings. Through Inventory Observation, companies can increase efficiency, reduce costs and ultimately improve profitability. Companies should strive to make this process as seamless and automated as possible, as it helps them stay ahead of competition and remain competitive in the market.