Inventory

Vendor Managed Inventory (VMI) is a supply chain strategy where the supplier (vendor) takes responsibility for managing inventory levels at the customer's location.

Consignment inventory is a supply chain strategy where a supplier places goods at a retailer’s location, but the retailer only pays for the goods when they are sold.

ABC Analysis is a simple but powerful inventory management technique that helps businesses prioritize their stock based on importance. It follows the Pareto Principle (80/20 Rule)—where 20% of the items often contribute to 80% of the value

Managing inventory is a critical part of any business, and the Economic Order Quantity (EOQ) model helps strike a balance between ordering costs and holding costs.

Safety stock is a buffer that helps businesses absorb demand fluctuations and supply chain disruptions.

Drop shipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock. Instead, when you sell a product, you purchase the item from a third party (usually a wholesaler or manufacturer) who then ships it directly to the customer.