In relation to the management of inventory what do you consider To obtain best results. Would you use safety stock or draft a specific supply equation?

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Which of the following relationships hold true for safety stock?
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Emad Mohammed said abdalla
30-March-2015

Supply Chain Optimization Employee Relations Business Management Inventory Analysis Inventory Control

Question added by Terrence Walmsley , Owner , The Awesome Group of Companies
Date Posted: 2016/08/19

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by Mohammad Fakher Alam , Director, International Affairs , EMS - Saudi Post Corporation

This situation could best be handled by carefully managing and reading the historic data which will indicate as to 'how volatile and unpredictable the situation is'.

If the daily, weekly, fortnightly, monthly and the quarterly track history of facts and data suggest lots of fluctuation, it is always safe to have a safety stock to meet the situation until the time the trend gets stabilized to the extent of getting forecasted correctly, OR, a more competent supply equation gets worked out based on the concept of JIT.

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