In today's competitive business landscape, businesses must be strategic in how they manage their global supply chain. Inventory management is a key component of successful supply chain operations and requires frequent analysis to ensure optimization. Inventory benchmarking is an effective tool for understanding the state of an organization's inventory management strategy and identifying areas for improvement. By leveraging proprietary benchmarks tailored to the specific needs of individual organizations, businesses can gain invaluable insights into their inventory processes and optimize them accordingly.
The post Inventory Benchmarking: Leveraging Proprietary Benchmarks to Optimize Your Inventory Management Strategy first appeared on Global Supply Chain Group.
Published on February 24, 2023 22:11