Glossaria.net

Glossary Logistics / Term

Inventory Planning Systems

The systems that help to strategically balance the inventory policy and customer service levels throughout the supply chain. These systems usually calculate time-phased order quantities and safety stock using selected inventory strategies. Some inventory planning systems conduct what-if analysis and compare the current inventory policy with simulated inventory scenarios to improve the inventory ROI.

Permanent link Inventory Planning Systems - Creation date 2021-12-06


< Inventory Management Glossary / Logistics Inventory Turnover >