An introduction to inventory optimisation for the office supplies industry

Stock availability is critical for any office supplies business. Whether you’re a manufacturer, wholesaler, reseller or retailer, you must have the products in stock to keep customers coming back, time and again.

But how can you fulfil every order without tying up too much capital in surplus stock?

The answer lies in inventory optimisation. Read on to learn:

• Why it’s critical to optimise your inventory levels
• The difference between basic inventory management and inventory optimisation
• The three fundamental elements of inventory optimisation: statistical demand forecasting, advanced inventory policies and efficient order management.