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Maintaining Inventory Levels

oboloo Glossary

Maintaining Inventory Levels

Maintaining inventory levels is the process of ensuring enough stock is on hand to meet customer demand while keeping inventory costs low. This can be done through careful management of purchasing, producing, storing, and shipping products. In order to maintain the right inventory levels, businesses must continually review their operational processes and stay informed about changes in customer demand. Balancing supply with demand isn’t easy; but with a meticulous approach and planning for contingencies, businesses can ensure they’re always prepared for whatever comes their way.

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