2024
DOI: 10.5772/intechopen.113282
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Inventory Management

Ahmed Esmail Mohamed

Abstract: Inventory management is pivotal for business performance and profitability. Efficiently handling inventory levels enhances operational efficiency and financial strategies. Poor management can result in financial losses, stock imbalances, delayed order fulfillment, and dissatisfied customers. This chapter discusses inventory management frameworks, focusing on objectives, techniques, and best practices. The primary goal is to balance overstocking and understocking, ensuring adequate working capital while optimiz… Show more

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