With supply chains extending these days as fast as the economy is growing and more inventory on the move even as transportation costs are soaring, it’s no longer enough for shippers to manage the inventory they have. The big question now before manufacturers and retailers, say experts, is managing the goods they will be holding, storing and shipping in the weeks and months ahead. That’s because new inventory strategies built around risk management, along with longer and increasingly complex supply chains and attempts to bring inventory closer to more customers at interim distribution centers, are challenging logistics managers to maintain the gains they made through two decades of slashing inventory costs.
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