The Min/Max inventory method defines two stock levels: first, a replenishment threshold, referred to as the 'min', and second, a replenishment target, referred to as the 'max'. Yet, despite its popularity, this method is not suitable for most modern supply chains.

The Min/Max Inventory Method Doesn't Work

Quantitative supply chains are the future: where every possible future gets a probability, where every possible decision gets an economic score, and where control is given back to management thanks to extensive automation. Lokad's goal is to make this future a reality. We help companies do more with their supply chains, their inventories and their production capacities than classical methods would ever allow.

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The Min/Max Inventory Method Doesn't Work

The Min/Max Inventory Method Doesn't Work