There’s a common thread on many industry discussion forums posing the question – ‘how can I determine a maximum level of inventory for a product?’.
As with many aspects of supply chain management and optimisation, there isn’t a single answer.
Due to the variables of supply and demand, along with business and product characteristics, there are many caveats to standard approaches.
However, in this article, we’ve gone back-to-basics to give the answer from first principles. Read more