title = "Inventory Management Fundamentals"

content = """
Effective inventory management balances service levels with carrying costs in
wholesale distribution operations. The goal is to maintain optimal stock levels
that support customer demand while minimizing excess inventory and obsolescence.

**ABC Analysis:** Classify inventory by value and turnover velocity. Category A
items (high value, low volume) require tight controls and frequent monitoring.
Category C items (low value, high volume) can use simpler management approaches.
Category B items fall in between and require moderate attention.

**Economic Order Quantity (EOQ):** Calculate optimal order quantities that
minimize total inventory costs including ordering, carrying, and stockout
expenses. The formula balances fixed ordering costs against variable carrying
costs: EOQ = √(2DS/H) where D is annual demand, S is ordering cost, and H is
holding cost per unit.

**Safety Stock Calculation:** Maintain buffer inventory to protect against
demand variability and supply disruptions. Safety stock levels consider service
level targets, lead time variability, and forecast accuracy. Higher service
levels require more safety stock but reduce stockout costs.

**Cycle Counting:** Regular inventory verification replaces annual physical
counts. ABC classification determines counting frequency — A items counted
monthly, B items quarterly, C items annually. Cycle counting identifies
discrepancies early and maintains accurate inventory records.

**Inventory Turnover:** Measure efficiency with inventory turnover ratio
(cost of goods sold divided by average inventory). Higher turnover indicates
efficient inventory management and reduced carrying costs. Industry benchmarks
vary by product category but typically range from 4-12 turns per year.
"""

version = "0.0.1"
