Struggling to meet client demands with inventory optimization?
Meeting client demands can be a tightrope walk, especially when it comes to managing inventory effectively. You're not alone if you've found yourself struggling to balance the need for product availability with the cost of carrying excess inventory. The solution often lies in inventory optimization, a key component of Enterprise Resource Planning (ERP) systems. ERP is a type of software that businesses use to manage day-to-day activities such as accounting, procurement, project management, and, crucially, supply chain operations. Properly optimized inventory ensures that you have the right products, in the right quantities, at the right time, without tying up too much capital in stock that isn't moving.