Safety stock is an extra quantity of an item held in inventory to reduce the risk of stockouts. It acts as a buffer to account for uncertainties in demand, supply, or lead times. Safety stock helps prevent stockouts and ensures operational efficiency. It avoids lost sales, maintains production continuity, and reduces the need for expedited […]| Cash Flow Inventory
Inventory management is the process of overseeing and controlling the movement of goods in a company, from the time they are ordered to the time they are sold. It involves managing the flow of products into and out of a company’s warehouse or storage facilities, ensuring that the right products are available in the right […]| Cash Flow Inventory
Demand forecasting is the process of predicting the future demand for a product or service. It involves analyzing historical data and other relevant information to make an estimate of how much of a product or service will be required in the future. The purpose of demand forecasting is to help businesses make informed decisions about […]| Cash Flow Inventory
