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Inventory Management Best Practices for Distributors
Learn proven strategies to optimize inventory levels, reduce carrying costs, and improve service levels.
1.8 MB

This whitepaper covers:
**Understanding Your Inventory**
- ABC analysis methodology
- Inventory turnover calculations
- Carrying cost components
- Service level metrics
**Demand Forecasting**
- Statistical forecasting methods
- Seasonal adjustment techniques
- Collaborative forecasting
- Forecast accuracy measurement
**Replenishment Strategies**
- Reorder point optimization
- Safety stock calculations
- Economic order quantity
- Min/max vs. continuous review
**Technology Enablement**
- ERP inventory features
- Barcode and RFID
- Warehouse management systems
- Business intelligence
**Continuous Improvement**
- KPI dashboards
- Process optimization
- Vendor management
- Cycle counting programs
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