Lean Inventory
Lean Inventory is a business and operational methodology focused on minimizing inventory levels while ensuring product availability to reduce waste, lower costs, and improve efficiency. It applies principles from Lean Manufacturing, such as just-in-time (JIT) production and continuous improvement, to inventory management. The goal is to eliminate excess stock, reduce holding costs, and enhance responsiveness to customer demand.
Developers should learn Lean Inventory when working in supply chain management, e-commerce, or manufacturing software to optimize inventory systems and reduce operational inefficiencies. It's particularly useful for building applications that track stock levels, forecast demand, or automate reordering processes, helping businesses cut costs and improve cash flow. Understanding this methodology enables developers to design more efficient and scalable inventory management solutions.