Abstract
Abstract: For firms functioning in the competitive and quickly-paced food market, effective inventory management is essential. This abstract outline the salient features of Domino's inventory management system, demonstrating its strategy for increasing operational effectiveness, lowering waste, and optimizing inventory levels. Domino's inventory management method is based on precise forecasting, ongoing observation, and efficient logistics. Domino's makes sure that its franchisees maintain ideal supply levels while minimizing excess inventory and stockouts by utilizing cuttingedge technologies and data-driven decision-making. The key elements of Domino's inventory management system are examined in the abstract, including methods for demand forecasting, inventory control, and supplier cooperation. It explains the company's focus on utilizing technology, such as integrated ordering systems and inventory management software, to increase visibility, automate procedures, and improve inventory accuracy. The summary also highlights Domino's initiatives to cut waste through efficient supply chain procedures, optimized routing and delivery, and smart perishable inventory management. It highlights the business' dedication to environmental protection and sustainability.
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