How to balance your inventory levels and maintain costs

• Meeting your customers' service level expectations.
• Centralizing Inventory.
• Minimising stock holdings/ no buffer stock.
• Avoiding unnecessary purchases.
• Optimising warehouse layout, Evaluate holding cost and have a clear understanding of real potential savings with bulk purchases.
• understanding standard inventory and reduce safety stock. Reduce overall lead time.
• Decreasing obsolete stock.
• Removing stock outs.

Cheers!!

Team Logistics Flash

Logistics and SCM in India