In this webinar, industry expert Nicolas Vandeput along with NETSTOCK's Barry Kukkuk discussed best practices for your 2022 inventory optimization strategy and how to:
- Classify products to focus resources
- Use software tools to see what products require your attention
- Measure supplier performance to effectively manage lead times
- Measure supply and forecast risk (which leads into the safety stock discussion)
- Hold the right safety stock to mitigate risk
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