👉 Inventory engineering is a specialized field that focuses on the design, implementation, and optimization of inventory systems to ensure efficient management of stock levels, reduce costs, and enhance operational performance. It involves the integration of various technologies, processes, and strategies to track, control, and manage inventory across different stages of the supply chain. Key activities include demand forecasting, safety stock calculation, warehouse layout optimization, and real-time inventory tracking using advanced software systems. By aligning inventory strategies with business goals, inventory engineering aims to minimize stockouts and overstock situations, improve cash flow, and increase overall supply chain agility.
