inventory efficiency
Inventory efficiency refers to the ability of a company to effectively manage its inventory levels, minimizing excess stock and avoiding stockouts, in order to optimize its operations and maximize profitability.
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Related Concepts (1)
Similar Concepts
- absorption efficiency
- cost efficiency
- inventory control
- inventory management
- inventory management and control
- manufacturing efficiency
- market efficiency
- operational efficiency
- operations efficiency
- process efficiency
- production efficiency
- resource efficiency
- task efficiency
- work efficiency
- workflow efficiency