Inventory optimization

This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages) This article is written like a personal reflection, personal essay, or argumentative essay that states a Wikipedia editor's personal feelings or presents an original argument about a topic. Please help improve it by rewriting it in an encyclopedic style. (May 2020) (Learn how and when to remove this message) This article needs to be updated. The reason given is: Data and examples are outdated. Please help update this article to reflect recent events or newly available information. (December 2023) (Learn how and when to remove this message)

Inventory optimization refers to the techniques used by businesses to improve their oversight, control and management of inventory size and location across their extended supply network.^[1] It has been observed within operations research that "every company has the challenge of matching its supply volume to customer demand. How well the company manages this challenge has a major impact on its profitability."^[2]