Inventory Levels Drop: Shift to 'Just-In-Time' Management
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sundays
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New LMI data reveals a significant shift in inventory management, with businesses reducing stock levels instead of adding to them. This change is driven by rising inventory costs and a strategic decision to cut costs. The shift from just-in-case to just-in-time inventory management favors trucking, as it requires faster, more direct shipping with fewer handoffs.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
