Inventory management services
Find the right partners who provide inventory management services, or customers looking for outsourced inventory management.
"TAKLOG INDUSTRY" LLC
Forwarder
Entrepreneur
M
Malik Sadıqov
Carrier
Entrepreneur
16 - 50
Andico Group GmbH
Forwarder & carrier
Entrepreneur
6 - 15
YESI Logistic
Forwarder
1 - 15
Cargobus
Forwarder & carrier
16 - 50
6 - 15
INVICTUS LOGISTICS
Forwarder
1 - 15
Chongqing JiFeng International Logistics Company
Forwarder & carrier
16 - 50
51 - 100
What is inventory management?
Inventory management is the process of planning, organizing and controlling the movement and storage of materials, goods or resources to ensure continued production and delivery of goods or services in optimal quantities.
The main benefits of the efficient inventory management are:
- Ensuring production continuity, i.e. maintaining sufficient supplies of raw materials and the components for efficient production and distribution.
- Cost reduction by avoiding the unnecessary surplus or shortage of goods, which helps to reduce the inventory costs and improve customer service.
- Mitigating the risks of product shortages or obsolescence, and ensuring rapid response to the changes in demand and supply.
- Better relationships with suppliers, since proper inventory planning helps to enhance the quality of cooperation with partners, establish long-term partnerships and improve supply efficiency.
Ineffective inventory management leads to the following:
In general, proper inventory management allows balancing costs and risks, improving services and increasing the efficiency of the supply chain.
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