Top Emerging Artificial Intelligence Companies

In today’s competitive marketplace, businesses can no longer afford inefficiencies across their supply chains. Whether you’re a retailer, a manufacturer, or a logistics provider, one aspect consistently determines success: inventory management in supply chain management . Effective inventory management is about more than stock counts, it’s about ensuring the right products are available at the right time, in the right place, and at the right cost. When executed well, it reduces waste, improves delivery timelines, optimizes working capital, and strengthens customer satisfaction. This article explores why inventory management matters, its core functions, the risks of mismanagement, and the best practices companies can adopt to future-proof their supply chains. Further Read: How AI in Inventory Management is Redefining Inventory Control Why Inventory Management Matters in Supply Chains Inventory management plays a pivotal role in connecting supply and demand. Without it, compan...