Question: Doing a research project with the topic: Optimization of inventory management through data analytics at a company. What are the Expected Outcomes, Results and Contributions

Doing a research project with the topic: Optimization of inventory management through data analytics at a company.

What are the Expected Outcomes, Results and Contributions of the Research. These outcomes and results must align with the following objectives in optimizing inventory management through data analytics.

Objectives:

1 .

Reducing excess inventory

2 .

To develop predictive models using data analytics to forecast demand and optimize inventory needs.

3 .

To evaluate current inventory management practices at the company.

4 .

To propose reccommendations for inproving inventory management processes based on data analytics insights.

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