Inventory management is a key component of effective supply chain performance.

Name: Inventory management is a key component of effective supply chain performance.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Inventory management is crucial as it helps to ensure that the right amount of stock is available at the right time to meet customer demand while minimizing excess or obsolete stock. This, in turn, can help to reduce costs and improve overall supply chain efficiency.

Inventory Management Is a Key Component of Effective Supply Chain