Mastering Inventory Management: EOQ, Safety Stock, and JIT

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Mastering Inventory Management: EOQ, Safety Stock, and JIT

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This 30-minute podcast dives into the fundamentals of inventory management, exploring four key concepts: Economic Order Quantity (EOQ), safety stock, Just-In-Time (JIT), and inventory optimization. Each concept is unpacked with clear definitions, formulas, practical examples, and a discussion of their pros and cons. The podcast aims to make these ideas accessible and relevant to a wide audience, using an engaging tone and real-world scenarios to bring the subject to life

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