Inventory management: Software shines light on savings

from purchasing.com

As margins shrink, more companies bring inventories down to the bare minimum with software that adds visibility and speed to the supply chain.

Inventory management can be a bit of a balancing act. Buyers struggle to stay one step ahead of peaks and valleys in demand with nothing in hand but months-old data and knowledge of historical trends. While there can never be any guarantees, software companies believe their products can better arm buyers with the historical, manufacturing and forecast data they need to anticipate demand and keep their inventory levels right where they need to be.

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