What is logistics inventory management?

Logistics inventory management plays an essential role in finding the perfect balance between the point of origin and consumption of the finished product. With strategic planning, it helps optimize workflows that are relevant to inventory and stock management. It also aids in order fulfillment, stock supervision, maintenance and storage.

Why do logistics companies need inventory management & planning?

Training your employees to take advantage of the latest advancements in inventory management and planning can enable your logistics business to become a market leader, regardless of the type of products you sell. Furthermore, better planning will allow staff to feel less stressed and better positioned to fulfill their job duties.

What is inventory management & supply chain management?

Inventory management is a key element of supply chain management, but the terms aren’t interchangeable. Supply chain management oversees the flow of products from raw goods and production sourcing through final distribution.