Inventory management
Inventory management is the process of tracking and controlling the flow of goods within a supply chain, ensuring the right products are available at the right time and place. It includes managing stock levels, storage locations, reorder points and demand forecasting.
For supply chains, effective inventory management is critical to avoid overstock, stockouts and unnecessary costs. Connected Load Carrier improves inventory management by offering real-time insights into asset availability, movement and dwell time. This helps businesses maintain optimal stock levels, improve order accuracy and reduce waste across the supply chain.