An all too common scenario:  Your company carries inventory to satisfy customer requirements yet no matter how much time you spend trying to calculate the perfect quantity to order:

In inventory discussions we often hear the word “classification” and that it is an essential part of the fundamentals of inventory. What is meant by “classification” and why is it so important?

Minimize inventory stock-outs by implementing efficient inventory management strategies. Work with accurate forecasts, improve safety stock levels, develop strong supplier relationships, and more!