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Warehouse/Inventory Mgmt | Warehouse and Inventory Management |
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Holding just enough inventories within the supply chain in order to meet customers demand avoiding excessive inventory can be very challenging, it is required to stock enough inventory to fulfil customers' demand without holding excess inventory, which would lead to excess inventory costs. The inventory therefore influence directly the supply chain capital costs and an optimisation of the inventory leads to lower supply chain capital costs and to higher customer service grade.
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