The Counterintuitive Truth About Inventory Optimization

The advantages of COSYS Inventory Service offers companies of all sizes and sectors. The post After inventory is before inventory – Why early planning is worthwhile first appeared on IT-I-Ko.

The Counterintuitive Truth About Inventory Optimization

Optimize /ˈɒptɪmʌɪz/ verb 1. make the best or most effective use of (a situation or resource). (Oxford Languages) One of the biggest challenges in supply chain management is understanding counterintuitive principles—like the “bullwhip effect.” This concept is so difficult to grasp that a “Beer Game” simulation was created to show how minor demand fluctuations can wreak havoc upstream. Equally perplexing is inventory optimization. Many assume th…