Your warehouse is running low on stock during peak demand. How do you decide which products to restock first?
Managing inventory during peak demand can be a daunting task. You're faced with the challenge of deciding which products to restock first when your warehouse is running low, and making the right choice is crucial for maintaining customer satisfaction and optimizing sales. Logistics management plays a pivotal role here, as it involves the planning, implementation, and coordination of complex operations related to goods and services. By understanding your product demand, analyzing sales patterns, prioritizing based on profitability, considering supplier lead times, and leveraging technology, you can make informed decisions to ensure your inventory meets the market's needs.
-
Fernando Pontual Castel?oCEO | General Management | Finance | Operations | Professional Services | Supply Chain | Logistics | LinkedIn Top…
-
Narsing RaoEmpowering Organizations to Transform Supply Chains into Growth Engines | Driving Operational Excellence and…
-
Ravi Pandey ????Logistics Manager - Tata Trent | Ex- Assistant Manager - JSL | Jaquar Group | Hindware ( HSIL ) | Jumps Auto Ltd