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Inventory Optimization

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Inventory optimization refers to the process of managing stock levels in such a way that balances supply and demand while minimizing storage and holding costs. It ensures that businesses have the right amount of inventory at the right time, preventing both stockouts and overstocking. Optimizing inventory improves cash flow and reduces wastage, leading to higher efficiency and lower op... https://www.circularedge.com/blog/inventory-management-systems-better-manage-inventory-and-increase-profitability/

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