Inventory Management matches supply to demand by dynamically allocating inventory to where it’s needed the most.
Inventory Management tracks inventory throughout the global supply chain and stores the data in a central, cloud-based network. Companies use it to gain an accurate view of available goods, then match them up with demand. With Inventory Management, decisions on allocation can be pushed to a later date, avoiding build-up of excess inventory in areas where it won’t sell. This greatly reduces the occurrence of excess inventory, higher handling costs, and expedited shipments.