1?? ?? Implement JIT (Just-In-Time): Collaborate with suppliers to deliver materials as needed, aligning deliveries with production schedules. 2?? ?? Real-Time Communication: Use digital tools like ERP systems to share accurate demand forecasts and inventory levels. 3?? ?? Build Strong Relationships: Foster trust and transparency through regular meetings and clear expectations. 4?? ?? Use Data for Negotiations: Present data-driven insights on demand patterns to help suppliers optimize their processes. 5?? ?? Flexibility Agreements: Negotiate flexible contracts to handle demand fluctuations without overstocking or shortages.

What I would do, Is a clear, direct an open communication with my main suppliers, just to know, if there are a main issue, with the material, and If I′m working with a Kanban Inventory Levels, try to order more than the minimum quantity to have a good level of inventory in case my customers need more material, avoiding stockouts, and slow-moving or obsolete inventory

In my viewpoint to achieve minimal inventory levels with some strategies, such us: 1. Implementing demand forecasting with analyzing sales data, market trend, and seasonal fluctuations. 2. Create safety stock level with Determining the right amount of safety stock involves balancing the risk of stockouts against the costs of holding extra inventory. 3. Use Just In Time system with increase efficiency and reduce waste by receiving goods only as they are needed in the production process.? 4. As periodic review inventory performace, including turnover rates, sales trends, and profitability, can provide valuable insights. 5. Collaborate closely with supplier to more flexible terms, shorter lead times, and intensive clear communication.

To maintain minimal inventory levels while avoiding stockouts, clear and proactive communication with suppliers is essential. Start by building a strong relationship based on trust, ensuring they understand your inventory goals. Share demand forecasts, lead times, and reorder points to align their production schedules with your needs. Set up regular check-ins to discuss any changes in demand or supply chain disruptions. Encourage suppliers to offer insights into their own capacity and constraints, fostering a collaborative environment. With consistent, open communication, you can minimize inventory while maintaining a steady, reliable supply chain.