Critical inventory is the minimum amount of inventory you should have on hand. Knowing this number is crucial to running a business effectively, because you need to keep inventory costs as low as ...

How much inventory is enough? How do you arbitrate across different viewpoints, weighing inventory investment against the impact of stocking out? Service Level has proven to be an objective metric ...

As a business owner, you need to know how to calculate how much inventory to carry on average as doing so will prevent costly shortages. Avoid this by calculating your inventory shortage and average ...