Practical sense to know the basics of effective enterprise stock management

What is the role of effective inventory management for enterprise logistics?
This is a question of what is primary and what is secondary in the logistics of an enterprise. Or, in other words, where the horse should be: in front of the cart or behind it.
The logistics function “Inventory management” is a “horse” in relation to all other logistics functions of an enterprise that are “cart”. The role of effective inventory management for the enterprise’s logistics is the master or the leading one: first, a decision on effective inventory management must be made (designed), and then this decision must be “recalculated” into the content of other enterprise logistics functions, including “Warehousing” and “ Management of transportation of goods in the input and output logistics of the enterprise “. Continue reading →