Supply chain planners use simulation software to test different inventory cover policies and evaluate their impact on stock levels and costs.
Source: https://en.wikipedia.org/wiki/Inventory_management
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.