Managing inventory successfully has more to do with supplier relationship management than with the technical issues associated with holding inventory.

Question

Quizplus · Accepted Answer

While technical issues such as accurate forecasting and efficient handling of inventory are important, a strong relationship with suppliers can help to prevent stockouts and overstocking, improve lead times, and negotiate favorable pricing and terms. Effective supplier relationship management can ultimately lead to better inventory management and increased profitability.

Managing Inventory Successfully Has More to Do with Supplier Relationship