Inventory Optimisation Adoption Amongst SMEs

It is acknowledged that UK SMEs make a significant contribution to its economy. However, are generally slow adopt new technologies due intrinsic constraints such as lack of in-house expertise and investment limitations. Inventory key asset in any organisation. Most use some form IT platforms manage inventory but it appears optimisation not prime goal. If deployed correctly, can significantly reduce costs improve operational effectiveness. This paper presents the underlying causes behind commitment based on evidence gathered from industry literature. also outlines potential actions may be taken motivate adoption SMEs.