oboloo Glossary

Supply Chain Inventory

oboloo Glossary

Supply Chain Inventory

Supply Chain Inventory is any stock or goods held in reserve by a business in order to meet customer demand. It encompasses the raw materials, components, products, and information that moves through the supply chain. This includes inventory held onsite at the manufacturer, inventory stored in warehouses and distribution centers, and the inventory of retailers. The goal of Supply Chain Inventory is to optimize costs while ensuring that there is enough product available to meet customer needs.