How Inventory Replenishment avoid Excess Inventory?
                     How Inventory 
Replenishment avoid 
Excess Inventory?
Inventory Replenishment is that the rate of growth at which the 
merchandise moves from the manufacturer to the supplier to 
warehouses, pickups, and distribution points within the supply chain.
For any industry, inventory replenishment is that the most vital 
operation for handling the reclamation of products purchasable .
The objective of inventory replenishment is to make sure that inventory 
continues to flow at an optimal rate through the availability chain by 
maintaining effective orders and line items. This method helps to avoid 
excess inventory.
  Inventory replenishment’s targets
 Providing precise prediction of demand forecasting.
 Maintain the lead times of variable suppliers.
 Keeping safe inventories.
 Dealing with the Min/max quantity order.
 Preventing out-of-stock also as back-order.
 Preventing surplus stock rates and obsolescence of 
stocks.
Tactics of inventory replenishment
The best thanks to use a replenishment model that's customized 
to suit the warehouse and provide chain needs is to be. Such a 
model would help to make sure that warehouses are never 
drained which the excess inventory are often stored at realistic 
levels.
Through using demand values to supply priority to 
replenishment orders, you'll confirm that you simply have 
available the acceptable products to satisfy demand. it'll also 
help prevent spending in riskier goods which will have an 
impression on your bottom line, leading to surplus and obsolete 
stock.
Conclusion
The key goal of inventory replenishment is to make sure 
that the number of SKUs remains at optimal levels which 
goods are rotated smoothly in compliance with demand 
forecasts so as to stop shortages and reduce the 
likelihood of excess inventory.
Source :- https://www.goospares.com/