Supply chain managers face challenges amid global events and economic instability. While economic disruption and fluctuating prices persist, focusing on controlling inventory and supply chain processes is crucial for maintaining competitiveness. Trends in inventory management include improving forecast accuracy, enhancing visibility, supplier management, digitalization, sustainability, and proactive inventory practices. Embracing change and leveraging technology, such as inventory optimization software like EazyStock, can lead to increased operational efficiencies and cost savings, positioning businesses for growth and innovation in 2024.

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