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Science

Supply Chain Glossary

Inventory Policy

    Inventory Policy


    Inventory Policy:An inventory policy is a set of guidelines that a business uses to manage its inventory. The policy can cover aspects such as how much inventory to keep on hand, when to order new stock, and how to handle backorders. An effective inventory policy can help a business reduce waste, save money, and improve customer satisfaction.

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    “Working with Complexica to deliver Project Automate has been a true partnership from the initial stages of analysis of LMG’s existing processes and data handling, through scoping and development phase and onto delivery and process change adoption. The Complexica team have delivered considerable value at each stage and will continue to be a valued partner to LMG."

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    Liquor Marketing Group LMG uses Complexica's Promotional Campaign Manager

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