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Inventory Planning Interview Questions & Answers
Below we have listed all the Inventory Planning Interview Questions and answers. Feel free to comment on any Inventory Planning Interview Questions or answer by the comment feature available on the page.
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Inventory planning refers to the process that any organization adopts to determine the optimal quantity as well as timing, with the sole aim of aligning such plans with the organization's capacity to produce and make sales. Inventory planning, usually affects the company in a number of ways.
It is the process of determining the optimal quantity and timing of inventory for the purpose of aligning it with sales and production capacity. Inventory planning has a direct impact a company's cash flow and profit margins especially for smaller businesses that rely upon a quick turnover of goods or materials.
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