WOS is a valuable tool for retailers to balance inventory levels, reduce carrying costs, avoid stockouts, and prevent overinvesting in inventory that doesn't move quickly. It helps maintain an efficient supply chain while meeting customer needs.
How can we use Weeks of Supply (WOS) to determine the right reorder point for our inventory and prevent stockouts while avoiding overstocking?
Our sales patterns fluctuate seasonally. How can we effectively use WOS in such dynamic situations?