when the inventory problem is said to be under risk?
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Answer:
Inventory risk is the probability of an organisation being unable to sell its goods or the chance that inventory stock will decrease in value.
Step-by-step explanation:
There are four main types of inventory: raw materials/components, WIP, finished goods and MRO.
12 Ways to Reduce Inventories
Reduce demand variability.
Improve forecast accuracy.
Re-examine service levels.
Address capacity issues.
Reduce order sizes.
Reduce manufacturing lot sizes.
Reduce supplier lead times.
Reduce manufacturing lead times.
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