Inventory Management Simulation: Xperience the seesaw of stockouts & excess stocks!
Which one is a lesser evil: excess stock or stockouts? Seasoned Inventory Planners know the difference as they can appreciate the quantum of variables that Inventory Decisions entail. Striking this balance is vital for businesses to meet customer demand, maximize revenue, & minimize costs. Leveraging this online simulation, you and your delegates can enhance decision-making to help maintain optimal inventory levels ensuring that the right products are available at the right time.
product number: oLsim-SXL-2305
Type: onLINE simulation
discipline: operations
duration: 1 day
SIB Applicable: No
Copyright: SimulationsX
Description
Which one is a lesser evil: excess stock or stockouts? Seasoned Inventory Planners know the difference as they can appreciate the quantum of variables that Inventory Decisions entail. Striking this balance is vital for businesses to meet customer demand, maximize revenue, & minimize costs. Leveraging this online simulation, you and your delegates can enhance decision-making to help maintain optimal inventory levels ensuring that the right products are available at the right time.
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