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INVENTORY MANAGEMENT

Improve inventory management using better math and science is always a challenger. For retailers or wholesalers, as well as for most ecommerce, inventory is usually the largest asset, as well as the largest expense item. Assessing inventory costs is therefore essential and has repercussions on the finances of the company as well as on its management. It helps companies determine how much profit can be made on the inventory, how costs can be reduced, where changes can be made, how capital must be allocated, etc. The balance between costs incurred and the service provided to the customer depends on the identification and exploitation of logistics cost trade-offs. AS4B provide tool models for managing these trade-offs involve frequent strategic decisions in industries and wholesale distribution business.