Importance of Inventory in Supply Chain
Abstract: Inventory is the backbone of any supply chain organization. An enterprise with a well - organized supply chain may significantly reduce majority of the expenses connected to that chain, which contributes to a greater profit and customer Satisfaction. However, when optimization starts at the inventory level, based on forecasted or available demand and customer data, the functioning of the supply chain can be made more efficient.
Keywords: Inventory management, supply chain, cost reduction, customer satisfaction, optimization
How to Cite?: Shruti Maheshwari, "Importance of Inventory in Supply Chain", Volume 14 Issue 6, June 2025, International Journal of Science and Research (IJSR), Pages: 691-692, https://www.ijsr.net/getabstract.php?paperid=SR24805114044, DOI: https://dx.doi.org/10.21275/SR24805114044