How do you optimize inventory levels without compromising production or customer satisfaction?

“Inventory optimization is a critical process for us to achieve the correct balance between having enough stock to meet customer demand, while avoiding excess inventory costs. We conduct regular inventory audits and stock checks to identify slow-moving items and remove them from our offering, freeing up space and capital, while consciously maintaining a safety stock of demand items to manage daily orders. We also take a hard look each week at demand forecasting so that we can better utilize our stocked items and only order products when needed ...