The similarities between supply chain system inventory management and traditional inventory management

Focus on optimizing inventory costs within the enterprise. Supply chain refers to a network composed of raw material suppliers, manufacturers, distributors, retailers and final consumers involved in the production and circulation of products through connections with upstream and downstream members. Its inventory management is different from traditional inventory management. The same point is the focus on optimizing inventory costs within the enterprise. Inventory management refers to the management of the quantity of goods in the logistics process. In the past, it was believed that more goods in the warehouse indicated that the enterprise was developed and prosperous.