What is "inventory management" primarily focused on?

Inventory management is primarily focused on maintaining optimal stock levels for operational demands. This involves ensuring that the right amount of inventory is available to meet the needs of the organization without overstocking or understocking. Effective inventory management balances supply and demand, minimizes costs associated with excess inventory, and ensures that operational demands, such as fulfilling orders and meeting production schedules, are met efficiently.

By focusing on optimal stock levels, organizations can enhance their ability to respond to fluctuations in demand and reduce the risk of stockouts. This practice is essential in the supply chain, as it directly impacts customer satisfaction, operational efficiency, and overall business performance.

While staffing needs, marketing strategies, and warehouse design are important aspects of supply chain operations, they are not the core focus of inventory management. Instead, these elements support inventory management by facilitating the overall logistics and supply chain strategies.