Inventory Optimisation D

Inventory Optimisation is the proactive and reactive management of inventory to achieve desired levels of customer service at the lowest possible cost.

It involves the identification, analysis and forecasting of inventory related risks and opportunities in order to make informed decisions that will optimise stock levels, minimise waste and maximise customer satisfaction.

Inventory Optimisation is a dynamic process that is constantly evolving as new technologies and data become available. By definition, it is an ongoing journey rather than a destination.