Inventory Optimization is More Than Just Numbers

Why is it, that despite the best efforts of management teams, the vast majority of spare parts inventories remain bloated with excess, surplus and obsolete items, while also not providing the level of service expected by the users?

How can companies, achieve the right balance between inventory cost and parts availability, knowing that they have done all that they can do?

The answer lies in the concept of True Optimization?.

The article explores?inventory optimization and explains:

• Why inventory optimization (mostly) isn't optimization
• The constraints that limit optimization
• And how to achieve true inventory optimization

You can read the full article HERE.