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Inventory Management

Week 2: Global Inventory Strategies and Warehousing Solutions

Key Concepts

Just-in-Time (JIT)

Minimize inventory holding costs by receiving goods only when needed

Safety Stock

Buffer inventory to prevent stockouts during demand fluctuations

ABC Analysis

Categorize inventory based on importance and value

Warehouse Inventory Simulator

Stock Level

50%

Orders Fulfilled

0

Stock Received

0