A robust inventory optimization framework includes:
 

Safety Stock Calculator: Examine historical data, seasonal trends, and lead times for calculating safety stock levels for each item.

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Inventory Categorization: Categorize items into A, B, and C based on the Rate of Sales (RoS). Prioritize frequent ordering and tight control for A items, regularly monitor B items, and bulk order for C items.

Manual reorder processes pose the risk of human error, potentially causing missed orders. Therefore, implementing an inventory optimization framework is incomplete without automating reorder processes. Automation allows businesses to establish predefined parameters and reorder points, ensuring seamless restocking when inventory falls below safety stock levels.