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In this episode, we explore the importance of safety stock in inventory management and how to calculate the right amount using statistical methods. Learn advanced strategies like demand pooling, and discover how to evaluate costs, variability, and stockout risks to optimize your inventory decisions.
Whether you're looking to grow your business, optimize your inventory, or pass the "Operations Management" course at IESE MBA, this episode will help you plan better and master operations management
By Fede AlatorreIn this episode, we explore the importance of safety stock in inventory management and how to calculate the right amount using statistical methods. Learn advanced strategies like demand pooling, and discover how to evaluate costs, variability, and stockout risks to optimize your inventory decisions.
Whether you're looking to grow your business, optimize your inventory, or pass the "Operations Management" course at IESE MBA, this episode will help you plan better and master operations management