Inventory planning helps your business control a variety of expenses including the management and reduction of slow-moving inventory. These are the products that haven’t shipped out in weeks or months while you are still paying for storage costs. What’s important for your business is understanding when these SKUs start costing you more for storage than they generate in sales and overall order value.
Our experts can help you run the right inventory planning analytics to assess current stock and make demand forecasts based on past data. You’ll get help understanding how much inventory to carry and if you might be able to reduce your resupply rates to optimize overall spend, while still having products ready for customers.
Discover the power of Renewal Logistics warehousing and fulfillment solutions that fit your business needs – today and beyond.