{"id":63163,"date":"2024-10-16T11:00:09","date_gmt":"2024-10-16T11:00:09","guid":{"rendered":"https:\/\/www.hashmicro.com\/blog\/?p=63163"},"modified":"2026-01-05T01:58:42","modified_gmt":"2026-01-05T01:58:42","slug":"inventory-management-techniques","status":"publish","type":"post","link":"https:\/\/www.hashmicro.com\/blog\/inventory-management-techniques\/","title":{"rendered":"24 Inventory Management Techniques in 2026"},"content":{"rendered":"<p>From my experience, <a href=\"https:\/\/www.hashmicro.com\/inventory\">inventory management<\/a> techniques are vital in helping businesses balance supply and demand, prevent stock issues, and reduce unnecessary costs. I\u2019ve seen how outdated methods often lead to discrepancies and missed sales opportunities, which is why adopting modern systems has become essential in today\u2019s complex supply chains.<\/p>\n<p>With the Asia Pacific inventory management software market expected to grow at an impressive <a href=\"https:\/\/www.kbvresearch.com\/asia-pacific-inventory-management-software-market\/amp\/\" target=\"_blank\" rel=\"noopener\">11.9%<\/a> CAGR by 2030, I believe these systems will continue to play a critical role in driving business success.<\/p>\n<p>In this article, I\u2019ll walk you through 24 key inventory management techniques and share insights on how to choose the right one for your company. If you\u2019d like to see how it works in practice, you can try a <a href=\"https:\/\/www.hashmicro.com\/free-product-tour\/\">free demo<\/a> from HashMicro today.<\/p>\n<table style=\"border-collapse: coacllapse; background-color: #fffacd; border-radius: 25px 25px 25px 25px;\" width=\"100%\">\n<tbody>\n<tr>\n<td style=\"padding: 15px; border: none;\">\n<h3 style=\"margin-bottom: 10px;\"><span style=\"background-color: #990000; color: #ffffff; padding: 5px;\"><b>Key Takeaways<\/b><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"#inventory\">Inventory management<\/a> is the process of overseeing and managing a company&#8217;s stocked goods.<\/li>\n<li style=\"font-weight: 400;\">Businesses must implement practical <a href=\"#techniques\">inventory management techniques<\/a> to enhance efficiency and accuracy.<\/li>\n<li style=\"font-weight: 400;\"><a href=\"#select\">Selecting the right techniques<\/a> of inventory management depends on several factors unique to your business.<\/li>\n<li><span style=\"font-weight: 400;\">HashMicro\u2019s <a href=\"https:\/\/www.hashmicro.com\/inventory\">Inventory Management Software<\/a><\/span><span style=\"font-weight: 400;\"> is a robust solution to streamline inventory management.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><style>\r\n.button-cta-custom {\r\n    background-color: #8a0e19;\r\n    color: #fff !important;\r\n    -webkit-transition: all .3s ease;\r\n    transition: all .3s ease;\r\n    padding: 8px 24px;\r\n    display: inline-block;\r\n    border-radius: 8px;\r\n    font-size: 16px;\r\n    font-weight: bold;\r\n}\r\n.button-cta-custom:hover{\r\n\tbackground-color:#991b26\t\t\r\n}\r\n<\/style>\r\n<a class=\"button-cta-custom\" href=\"https:\/\/www.hashmicro.com\/free-product-tour\/?medium=cta-button\" target=\"_blank\">Click Here to Get the Free Demo!<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\"><span id=\"inventory\"><a href=\"https:\/\/www.hashmicro.com\/free-product-tour\/?medium=free-product-tour\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" width=\"712\" src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2025\/11\/Free-Product-Tour-resized.webp\" alt=\"Free Demo\"><\/a><!-- <div id=\"toc_group_article\" style=''>\r\n\t<p style='font-size:25px;font-weight:bold; margin-bottom:0px'>\r\n\t\tTable of Content:\r\n\t<\/p>\r\n\t<ul id=\"list_toc\" class='list_toc'><\/ul>\r\n<\/div> -->\r\n\r\n<!-- <div class=\"dropdown-fixed-top\" id=\"dropdown-fixed-top\">\r\n\t<div class=\"row\">\r\n\t\t<p id=\"pilihDaftarIsi\">Table of Content<\/p>\r\n\t\t<p><i class=\"td-icon-menu-down\"><\/i><\/p>\r\n\t<\/div>\r\n\t\r\n\t<div>\r\n\t\t<ul id=\"list_toc_top\" class='list_toc'><\/ul>\r\n\t<\/div>\r\n<\/div> -->\r\n\r\n<div id=\"placeholder-toc\"><\/div>\r\n<div id=\"toc\">\r\n    <div class=\"header\">\r\n\t<span class=\"toc-title\" id=\"toc-title\">Table of Content<\/span>\t\r\n\t <i class=\"toc-icon\">\r\n        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"30\" height=\"30\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"#000\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"header-icon\">\r\n          <path d=\"m6 9 6 6 6-6\" \/>\r\n        <\/svg>\r\n      <\/i>\r\n\t<\/div>\r\n    <div class=\"list\">\r\n      <ul id=\"toc-list\"><\/ul>\r\n    <\/div>\r\n <\/div>\r\n\r\n<style>\r\n\t@media (max-width: 992px) {\r\n\t\t#toc_group_article {\r\n\t\t\tpadding-top: 24px;\r\n\t\t}\r\n\t}\r\n\t\r\n\t#list_toc_float {\r\n\t\tmax-height: calc(100vh - 250px);\r\n\t\toverflow-y: auto;\r\n\t}\r\n\t\r\n\t#list_toc_top {\r\n\t\tdisplay: none;\r\n\t\tbackground: #fff;\r\n\t\tmargin-bottom: 4px;\r\n\t}\r\n\t\r\n\t#list_toc_top li {\r\n\t\tdisplay: block;\r\n\t\tmargin-left: 0;\r\n\t\tlist-style: none;\r\n\t}\r\n\t\r\n\t#list_toc_top a {\r\n\t\tpadding: 5px;\r\n\t\tdisplay: block;\r\n\t}\r\n\t\r\n\t#list_toc_top.show {\r\n\t\tdisplay: block;\r\n\t}\r\n\r\n\t#list_toc_top a {\r\n\t\tcolor: #434343;\r\n\t\tborder-bottom: 1px solid #bbb;\r\n\t}\r\n\t\r\n\t.dropdown-fixed-top {\r\n\t\tposition: fixed;\r\n\t\ttop: 59px;\r\n\t\twidth: 100%;\r\n\t\tz-index: 99;\r\n\t\tborder-bottom: 2px solid #9c171e;\r\n\t\tpadding: 12px;\r\n\t\tbackground: #fff;\r\n\t\twidth: 100%;\r\n\t\tcursor: pointer;\r\n\t\tdisplay: none;\r\n\t\tleft: 0;\r\n\t\tbox-shadow: 0 -2px 7px 6px rgba(0, 0, 0, 0.17);\r\n\t}\r\n\t\r\n\t#dropdown-fixed-top.show {\r\n\t\tanimation: showAnim 0.5s ease;\r\n\t\tdisplay: block;\r\n\t\topacity: 1;\r\n\t}\r\n\t\r\n\t@keyframes showAnim {\r\n\t\tfrom {\r\n\t\t\tdisplay: none;\r\n\t\t\topacity: 0;\r\n\t\t}\r\n\t\tto {\r\n\t\t\tdisplay: block;\r\n\t\t\topacity: 1;\r\n\t\t}\r\n\t}\r\n\t\r\n\t.dropdown-fixed-top #list_toc_top {\r\n\t\tmax-height: calc(50vh - 110px);\r\n\t\toverflow-y: scroll;\r\n\t}\r\n\t\r\n\t.dropdown-fixed-top .row {\r\n\t\tdisplay: flex;\r\n\t\tjustify-content: space-between\r\n\t}\r\n\t\r\n\t.dropdown-fixed-top .row p {\r\n\t\tmargin-bottom: 0;\r\n\t}\r\n\t\r\n\t#pilihDaftarIsi {\r\n\t\tmax-width: 100%;\r\n\t\toverflow: hidden;\r\n\t\twhite-space: nowrap;\r\n\t}\r\n\t\r\n\t@media (min-width: 1018px) {\r\n\t\t.dropdown-fixed-top {\r\n\t\t\tdisplay: none;\r\n\t\t}\r\n\t}\r\n\t\r\n\t#list_toc li {margin-bottom: 0;margin-top: 5px;}\r\n\t#list_toc > li > ul {padding-left: 20px;margin-bottom: 0;}\r\n\t#list_toc{height:max-content;transition:ease-in-out}\r\n\t#list_toc li {margin-bottom: 0;margin-top: 5px;}\r\n\t#list_toc_float li.active > a {color:#b1252d;background: #ffe1e3;}\r\n\t#list_toc_top li.active > a {color:#b1252d;background: #ffe1e3;}\r\n\t#list_toc_float li a {padding:3px 7px}\r\n\t#list_toc_float li a {\r\n\t\tdisplay: block;\r\n\t\tcolor: #000;\r\n\t\tmargin-bottom: 6px;\r\n\t\tpadding-top: 2px;\r\n\t\tpadding-bottom: 2px;\r\n\t\ttransition: all 0.2s ease-in-out;\r\n\t\tfont-size: 15px;\r\n\t\tline-height: 18px;\r\n\t}\r\n\t#list_toc_float li{list-style:none;list-style-position:inside; margin-left:0;}\r\n\t#list_toc_float a:hover{color:#b1252d;}\r\n\t\r\n\t#toc_group_float{\r\n\t\tline-height: 24px;\r\n\t\tmax-height: calc(100vh - 100px);\r\n\t\toverflow: auto;\r\n\t\tz-index: 99;\r\n\t\tdisplay:none!important;\r\n\t\tbackground:#fff;\r\n\t\ttransition:all 0.5s linear\r\n\t}\r\n\t\r\n\t@media (min-width:1019px){\r\n\t\t#toc_group_float {\r\n\t\t\tdisplay:block!important;\r\n\t\t\t}\r\n\t\t\t\t#toc_group_article {\r\n\t\t\tdisplay:none;\r\n\t\t}\r\n\t}\r\n\r\n<\/style>\r\n\r\n<!-- ToC styling  -->\r\n<style>\r\n\t\/* Simple styling for the TOC *\/\r\n\t\r\n\t#toc ul li:last-child {\r\n    padding-bottom: 16px; \/* Adjust the value as needed *\/\r\n}\r\n\r\n.td-fix-index {\r\n\t transform: unset !important;\r\n     -webkit-transform: unset !important; \r\n}\r\n.footer-contact .td-fix-index {\r\n\t transform: translateZ(0) !important;\r\n     -webkit-transform: translateZ(0) !important; \r\n}\r\n\t.tdb_single_content .tdb-block-inner.td-fix-index{\r\n\t\tposition: static;\r\n\t}\r\n\t\r\n\r\n\t\r\n#toc {\r\n  background-color: #FFF;\r\n\tpadding: 17px 24px 0px 24px !important;\r\n  margin-bottom: 20px;\r\n\/*   border: 1px solid #9C171E; *\/\r\n  border-radius: 6px;\r\n\tdisplay: none;\r\n  max-width: 100%;\r\n  transition: .4s ease height;\r\n\tmargin-left: 0;\r\n\toverflow: hidden;\r\n}\r\n\r\n#toc .header{\r\n  display: flex;\r\n  align-items: center;\r\n  justify-content: space-between;\r\n\tbackground-color: transparent;\r\n}\r\n\t\r\n\t#toc.sticky .header{\r\n\t\tpadding: 4px 0;\r\n\t}\r\n\t\r\n.header p{\r\n  font-size: 18px !important;\r\n  font-weight: 600 !important;\r\n  color: #393939;\r\n   margin-bottom: 0;\r\n  \/* margin-top: 20px; *\/\r\n}\r\n\r\n.toc-icon{\r\n  float: right;\r\n\/*   visibility: hidden; *\/\r\n}\r\n\r\n\t.toc-title{\r\n\t\tmargin-right: auto;\r\n\/* \t\tpadding-left: 20px; *\/\r\n\t\tfont-weight: 600;\r\n\t\talign-self: center;\t}\t\r\n\r\n#toc ul {\r\n  list-style-type: none;\r\n  padding-left: 0;\r\n}\r\n\t\r\n#toc.sticky ul{\r\n\toverflow-y: auto;\r\n\tmax-height: 250px;\r\n\tmargin-top: 0px;\r\n\tpadding-top: 20px;\r\n\/* \tborder-top: 1px solid #d3d3d3; *\/\r\n}\r\n\t\r\n#toc ul li {\r\n\/*   margin-bottom: 10px; *\/\r\n  margin-bottom: 10px;\r\n\tmargin-left: 0;\r\n\ttransition: .2s ease;\r\n\tcursor: pointer;\r\n}\r\n\t\r\n\t#toc.sticky ul li {\r\n\t  margin-right: 10px;\r\n\t}\r\n\t\r\n.td-post-content #toc-list li a:hover, .td-post-content #toc-list a.active{\r\n\tbackground-color: #FFF;\r\n\/* \tpadding: 8px 16px 8px 16px; *\/\r\n\tpadding: 4px 16px 4px 16px;\r\n\tborder-radius: 6px;\r\n\tcolor: #9c171e !important;\r\n\tfont-weight: 600 !important;\r\n}\r\n\t\r\n\t.td-post-content #toc-list li:hover a, .td-post-content #toc-list a.active{\r\n\t\tcolor: #9C171E !important;\r\n\t\tfont-weight: 600 !important;\r\n\t}\r\n\t\r\n.td-post-content #toc-list a.active{\r\n\tfont-weight: bold !important;\r\n\tcolor: #9C171E !important;\r\n}\r\n\t\r\n#toc a, .td-post-content #toc-list a {\r\n  text-decoration: none;\r\n  color: #ea1717 !important;\r\n  transition: .2s ease;\r\n\tfont-weight: 400 !important;\r\n\tdisplay: block;\r\n\t\r\n\tpadding: 4px 16px 4px 0;\r\n}\r\n\r\n#toc.sticky {\r\n  position: fixed;\r\n\/*   top: 73px; *\/\r\n\tbottom: 0;\r\n  z-index: 100; \r\n  box-shadow: 0 2px 5px rgba(0,0,0,0.1); \r\n\twidth: 100%; \r\n\tbackground-color: #FFF;\r\n\/* \tbackground-color: #FFF1F1; *\/\r\n\tborder-bottom: 1px solid #ea1717;\r\n\/*   border: 1px solid #393939; *\/\r\n  box-shadow: 0px 0px 14px 0px #00000040;\r\n  cursor: pointer;\r\n\tanimation: fadein .3s ease;\r\n\tpadding: 12px 16px !important;\r\n}\r\n\t\r\n\t.fadein{\r\n\t\tanimation: fadein .3s ease;\r\n\t}\r\n\t\r\n\t.fadeout{\r\n\t\tanimation: fadeout .3s ease;\r\n\t}\r\n\t\r\n\t\r\n\t@keyframes fadein{\r\n\t\t0% {\r\n\t\t\topacity: 0;\r\n\t\t}\r\n\t\t100%{\r\n\t\t\topacity: 1;\r\n\t\t}\r\n\t}\r\n\t\r\n\t@keyframes fadeout{\r\n\t\t0% {\r\n\t\t\topacity: 1;\r\n\t\t}\r\n\t\t100%{\r\n\t\t\topacity: 0;\r\n\t\t}\r\n\t}\r\n\r\n\t\r\n#toc.sticky .header p{\r\n\tmargin-bottom: 10px;\r\n\tmargin-top: 10px;\r\n}\r\n\r\n#toc.sticky .toc-icon{\r\n  visibility: visible;\r\n\/* \ttransition: 0.4s ease; *\/\r\n}\r\n\t\r\n\t.toc-icon{\r\n\t\talign-items: center;\r\n    \tdisplay: flex;\r\n\t}\r\n\t\r\n\tsvg.header-icon{\r\n\/* \t\tbackground-color: #9c171e; *\/\r\n\t\tbackground-color: #FFF;\r\n\t\tborder-radius: 30px;\r\n\t\tpadding: 5px;\r\n\t}\r\n\r\n#toc.sticky .list{\r\n\/*   max-height: 0; *\/\r\n  transition: height 0.4s ease;\r\n}\r\n\t\r\n\t#toc .list{\r\n\/*   max-height: 0; *\/\r\n  transition: height 0.4s ease;\r\n}\r\n\r\n#toc .header.active .toc-icon{\r\n\ttransform: rotate(0deg); \r\n\topacity: 1;\r\n}\r\n\r\n\t#toc .header.active + .list {\r\n\t  max-height: 200px; \/* Adjust this value as needed *\/\r\n\t  opacity: 1;\r\n\t}\r\n\t\r\n\t#placeholder-toc{\r\n\/* \t\tdisplay: none; *\/\r\n\t}\r\n\t\r\n\t@media (min-width: 768px) and (max-width: 991px){\r\n\t\t#toc.sticky{\r\n\/* \t\t\ttop: 104px; *\/\r\n\t\t\tbottom: 0px;\r\n\t\t}\r\n\t\t\r\n\t\t#toc{\r\n\t\t\twidth: unset !important;\r\n\t\t}\r\n\t}\r\n\t\r\n\t@media (max-width: 767px){\r\n\t\t#toc{\r\n\t\t\twidth: 100% !important;\r\n\t\t\tdisplay: inline-block;\r\n\t\t}\r\n\t\t\r\n\t\t#toc.sticky{\r\n\t\t\twidth: 90% !important;\r\n\/* \t\t\ttop: 81px; *\/\r\n\t\t\tbottom: 60px;\r\n\t\t\tmargin-left: auto;\r\n\t\t\tmargin-right: auto;\r\n\t\t\tpadding: 0 16px;\r\n\t\t\tright: 5%;\r\n\t\t}\r\n\t}\r\n\t\r\n\t<\/style>\r\n\r\n<!-- ToC List for mobile -->\r\n<script>\r\n \/\/ Generate TOC based on headings\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n  \/\/ Get the element that will contain the TOC\r\n  const tocList = document.getElementById('toc-list');\r\n\r\n  \/\/ Get the element with the ID 'article-left'\r\n  const article = document.querySelector('.td-post-content');\r\n\r\n  \/\/ Find all h2 elements within 'myarticle'\r\n  const headers = article.getElementsByTagName('h2');\r\n\r\n  \/\/ Loop through the h2 elements and create a list item for each one\r\n  for (let i = 0; i < headers.length; i++) {\r\n    const header = headers[i];\r\n    const headerText = header.textContent;\r\n\/\/     const headerId = 'header-' + i;\r\n    const headerId = headerText\r\n    .toLowerCase()\r\n    .trim()\r\n    .replace(\/[^\\w\\s-]\/g, '')  \/\/ hapus tanda baca\r\n    .replace(\/\\s+\/g, '-'); \/\/ ganti spasi jadi \"-\"\r\n\r\n    \/\/ Set an ID for the header if it doesn't have one\r\n    header.setAttribute('id', headerId);\r\n\r\n    \/\/ Create a list item for the TOC\r\n    const listItem = document.createElement('li');\r\n\r\n    \/\/ Create a link for the list item\r\n    const link = document.createElement('a');\r\n    link.setAttribute('href', '#' + headerId);\r\n    link.textContent = headerText;\r\n\r\n    \/\/ Append the link to the list item\r\n    listItem.appendChild(link);\r\n\r\n    \/\/ Append the list item to the TOC list\r\n    tocList.appendChild(listItem);\r\n  }\r\n});\r\n\r\n\/\/ Keep height and placement of content using placeholder in place of TOC\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n  const toc = document.querySelector('#toc');\r\n  const placeholderToc = document.querySelector('#placeholder-toc');\r\n\r\n  function setPlaceholderHeight() {\r\n    placeholderToc.style.height = `${toc.offsetHeight}px`;\r\n  }\r\n\r\n  \/\/ Set the initial height of the placeholder\r\n  setPlaceholderHeight();\r\n\r\n  \/\/ Update the height on window resize\r\n  window.addEventListener('resize', setPlaceholderHeight);\r\n});\r\n  const tocTitle = document.querySelector('#toc-title'); \/\/ Assuming header-faq is the element for TOC title\r\n\r\n\/\/ Sticky TOC and update heading\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n  const toc = document.querySelector('#toc');\r\n  const footer = document.querySelector('.td-footer-template-wrap');\r\n  const tocParent = toc.parentElement;\r\n  const divTop = tocParent.getBoundingClientRect().top + window.pageYOffset;\r\n  const tocHeight = toc.offsetHeight;\r\n  const triggerPoint = divTop + tocHeight + 700;\r\n  const footerHeight = footer.offsetHeight;\r\n  const triggerFooterPoint = footer.getBoundingClientRect().top + window.pageYOffset - footerHeight - footerHeight - footerHeight;\r\n  const phtoc = document.querySelector('#placeholder-toc');\r\n  const headers = document.querySelectorAll('.td-post-content h2');\r\n  const navLinks = document.querySelectorAll('#toc-list a');\r\n\t\r\n\tconst panel2 = document.querySelector(\"#toc .list\");\r\n\tvar icon = document.querySelector(\".toc-icon\");\r\n\r\n  let activeLink = null; \/\/ Declare activeLink outside the loop\r\n\t\r\n  \/\/ Function to handle scroll and add\/remove .sticky class\r\n  function handleScroll() {\r\n    const windowTop = window.pageYOffset || document.documentElement.scrollTop;\r\n    let currentHeader = '';\r\n\r\n    \/\/ Highlight user progress as the heading comes\r\n    headers.forEach(header => {\r\n\t\tconst headerTop = header.offsetTop;\r\n\t\tconst headerHeight = header.clientHeight;\r\n\t\tif (window.scrollY >= (headerTop - headerHeight + 700)) {\r\n\t\t\tconst currentHeaderId = header.getAttribute('id');\r\n\t\t\tconst currentHeaderText = document.getElementById(currentHeaderId).textContent;\r\n\/\/ \t\t\tconsole.log(\"current header text:\", currentHeaderText);\r\n\t\t\ttocTitle.textContent = currentHeaderText;\r\n\t\t\tcurrentHeader = currentHeaderId;\r\n\t\t\t\r\n\t\t\tif(window.innerWidth < 767){\r\n\t\t\t\ttocTitle.textContent = 'Table of Content';\r\n\t\t\t}\r\n\t\t}\r\n\t});\r\n\r\n    navLinks.forEach(link => {\r\n      link.classList.remove('active');\r\n      if(currentHeader != '') {\r\n\t\t  if (link.getAttribute('href').includes(currentHeader)) {\r\n\t\t\t  link.classList.add('active');\r\n\t\t  }\r\n\t  }\r\n    });\r\n\/\/     if (windowTop < triggerFooterPoint) {\r\n\/\/         toc.style.display = 'block';\r\n\/\/ \t}else{\r\n\/\/         toc.style.display = 'none';\r\n\/\/ \t}\r\n    \/\/ Update TOC title if sticky\r\n    if (windowTop > triggerPoint) {\r\n      if (!toc.classList.contains('sticky')) {\r\n        phtoc.style.display = \"block\";\r\n        toc.classList.add('sticky');\r\n        toc.style.width = `${tocParent.offsetWidth}px`; \/\/ Set width to match the parent element\r\n        toc.setAttribute('style', 'width: ' + tocParent.offsetWidth + 'px !important;');\r\n        toc.style.backgroundColor = \"#FFF\";\r\n\t\tpanel2.style.height = '0px';\r\n\t\t  icon.style.transform = \"rotate(180deg)\";\r\n\t\t  if(window.innerWidth < 767){\r\n\/\/ \t\t\t  const tocs = document.querySelector('#toc.sticky');\r\n\t\t\t  tocTitle.textContent = 'Table of Content'; \/\/ Reset title\r\n       \t\t  toc.style.width = '150px'; \/\/ Set width to match the parent element\r\n\t\t  }\r\n      }\r\n      if (currentHeader) {\r\n\/\/         console.log(\"activeLink:\", activeLink);\r\n        if (activeLink) {\r\n\/\/           tocTitle.textContent = activeLink.textContent; \/\/ Update TOC title\r\n          tocTitle.textContent = activeLink ? activeLink.textContent : \"\"; \/\/ Update title only if activeLink exists\r\n        }\r\n      }\r\n    } else {\r\n      toc.classList.remove('sticky');\r\n      phtoc.style.display = \"none\";\r\n      toc.style.width = 'unset'; \/\/ Reset to original width\r\n      toc.style.backgroundColor = \"#FFF\";\r\n      tocTitle.textContent = 'Table of Content'; \/\/ Reset title\r\n\t\tpanel2.style.height = panel2.scrollHeight + \"px\";\r\n\t\ticon.style.transform = \"rotate(180deg)\";\r\n    }\r\n  }\r\n\r\n    \/\/ Attach the scroll event listener to the window\r\n    window.addEventListener('scroll', handleScroll);\r\n\r\n    \/\/ Initial call to handleScroll to set the correct state on load\r\n    handleScroll();\r\n});\r\n\t\r\n\t\/\/ Open toggle TOC\r\n\t  document.addEventListener(\"DOMContentLoaded\", function() {\r\n\t\tvar tocHeader = document.querySelector(\"#toc .header\");\r\n\t\tvar toc = document.querySelector(\"#toc\");\r\n\t\tvar icon = document.querySelector(\".toc-icon\");\r\n\t\tconst tocTitle = document.querySelector('#toc-title');\r\n\t\tconst tocs = document.querySelector('#toc.sticky');\r\n \t\tconst tocParent = toc.parentElement;\t\t  \r\n\r\n\t\t  tocHeader.addEventListener(\"click\", function() {\r\n\t\t\tvar panel = this.nextElementSibling;\r\n\t\t\tif (panel.style.height !== '0px') { \/\/ Check if height is not 0px\r\n\t\t\t  panel.style.height = '0px'; \/\/ Set height to 0 for full collapse\r\n\t\t\t  icon.style.transform = \"rotate(180deg)\";\r\n\/\/ \t\t\t\ttoc.style.paddingBottom = '6px'; \r\n\t\t\t\tif(window.innerWidth > 768){\r\n\t\t\t\t\tif(!toc.classList.contains('sticky')){\r\n\t\t\t\t\t\ttoc.style.width = \"unset\";\r\n\/\/ \t\t\t\t\t\ttoc.setAttribute('style', 'width: ' + tocParent.offsetWidth + 'px !important;');\r\n\t\t\t\t\t}\r\n\t\t\t\t\tif (toc.classList.contains('sticky')){\r\n\t\t\t\t\t\ttoc.style.width = '${tocParent.offsetWidth}px';\r\n\t\t\t\t\t\ttoc.setAttribute('style', 'width: ' + tocParent.offsetWidth + 'px !important;');\r\n\t\t\t\t\t}\r\n\t\t\t\t}\r\n\t\t\t\tif(window.innerWidth < 767){\r\n\t\t\t\t\ttoc.style.width = \"unset\"; \/\/ Reset width\r\n\t\t\t\t}\r\n\t\t\t\ttoc.style.backgroundColor = \"#FFF1F1\";\r\n\t\t\t} else {\r\n\t\t\t  panel.style.height = panel.scrollHeight + \"px\";\r\n\t\t\t  icon.style.transform = \"rotate(0deg)\";\r\n\t\t\t  toc.style.backgroundColor = \"#FFF\";\r\n\t\t\t  tocTitle.textContent = 'Table of Content'; \/\/ Reset title\r\n\t\t\t\ttoc.style.paddingBottom = '24px';\r\n\t\t\t \tif(window.innerWidth < 767){\r\n\t\t\t\t\ttoc.style.width = `${tocParent.offsetWidth}px`; \/\/ Set width to match the parent element\r\n\t\t\t\t\ttoc.setAttribute('style', 'width: ' + tocParent.offsetWidth + 'px !important;');\r\n\t\t\t\t}\r\n\t\t\t}\r\n\t\t  });\r\n\r\n\t\t  \/\/ Close TOC when a link inside it is clicked\r\n\t\t  var tocLinks = document.querySelectorAll(\"#toc .list a\");\r\n\t\t  tocLinks.forEach(function(link) {\r\n\t\t\tlink.addEventListener(\"click\", function() {\r\n\t\t\t  var panel = document.querySelector(\"#toc .list\");\r\n\t\t\t  panel.style.height = '0px'; \/\/ Set height to 0 for full collapse\r\n\t\t\t  icon.style.transform = \"rotate(180deg)\";\r\n\t\t\t  toc.style.backgroundColor = \"#FFF\";\r\n\t\t\t});\r\n\t\t  });\r\n\t\t});\r\n\r\n\r\n\r\n\t\r\n\/\/ \tmake the heading at the center of the viewport\r\n\/\/ \tdocument.addEventListener('DOMContentLoaded', function() {\r\n\/\/     \/\/ Add click event listener to all links in the TOC list\r\n\/\/     document.querySelectorAll('#toc-list a').forEach(anchor => {\r\n\/\/         anchor.addEventListener('click', function (e) {\r\n\/\/             e.preventDefault(); \/\/ Prevent the default behavior of jumping to the anchor\r\n\/\/ \/\/ \t\t\tconsole.log(\"prevent default\");\r\n\/\/             const targetId = this.getAttribute('href').substring(1); \/\/ Get the ID of the target element\r\n\/\/             const targetElement = document.getElementById(targetId); \/\/ Get the target element\r\n\r\n\/\/             if (targetElement) {\r\n\/\/                 const headerHeight = document.querySelector('#toc .header').offsetHeight; \/\/ Get the height of the fixed header\r\n\/\/                 const windowHeight = window.innerHeight; \/\/ Get the height of the viewport\r\n\/\/                 const targetOffset = targetElement.offsetTop; \/\/ Get the top offset of the target element\r\n\/\/                 const scrollTo = targetOffset + (windowHeight \/ 2) + (headerHeight); \/\/ Calculate the scroll position to center the target element\r\n\r\n\/\/                 \/\/ Scroll to the calculated position smoothly\r\n\/\/                 window.scrollTo({\r\n\/\/                     top: scrollTo,\r\n\/\/                     behavior: 'smooth'\r\n\/\/                 });\r\n\/\/             }\r\n\/\/         });\r\n\/\/     });\r\n\/\/ });\r\n<\/script>\r\n\r\n<!-- START script lama -->\r\n<!-- <script>\r\n\/\/ \tvar pilihDaftarIsi = document.getElementById('pilihDaftarIsi');\r\n\t\r\n\/\/ \tdocument.addEventListener('DOMContentLoaded', function() {\r\n\/\/ \t\tvar dropdownFixedTop = document.querySelector('.dropdown-fixed-top');\r\n\r\n\/\/ \t\tdropdownFixedTop.addEventListener('click', function() {\r\n\/\/ \t\t\tvar dropdownContent = this.querySelector('.list_toc');\r\n\/\/ \t\t\tdropdownContent.classList.toggle('show');\r\n\/\/ \t\t});\r\n\r\n\/\/ \t\twindow.addEventListener('click', function(event) {\r\n\/\/ \t\t\tvar listTocTop = document.getElementById('list_toc_top');\r\n\r\n\/\/ \t\t\tif (!dropdownFixedTop.contains(event.target)) {\r\n\/\/ \t\t\t\tlistTocTop.classList.remove('show');\r\n\/\/ \t\t\t}\r\n\/\/ \t\t});\r\n\/\/ \t});\r\n\t\r\n\/\/ \tvar daftarIsiContainer = document.getElementById('toc_group_article');\r\n\/\/ \tvar dropdownFixedTop = document.getElementById('dropdown-fixed-top');\r\n\/\/     var triggered = false; \/\/ Flag to keep track of whether the function has been triggered\r\n\r\n\/\/     window.addEventListener('scroll', function() {\r\n\/\/         if (!triggered && isCompletelyScrolledPast(daftarIsiContainer)) {\r\n\/\/             showSectionDropdownFixedTop(false);\r\n\/\/             triggered = true;\r\n\/\/         } else if (triggered && !isCompletelyScrolledPast(daftarIsiContainer)) {\r\n\/\/             showSectionDropdownFixedTop(true);\r\n\/\/             triggered = false;\r\n\/\/         }\r\n\/\/     });\r\n\r\n\/\/     function isCompletelyScrolledPast(element) {\r\n\/\/         var elementTop = element.getBoundingClientRect().top;\r\n\/\/         var elementBottom = element.getBoundingClientRect().bottom;\r\n\/\/         return elementTop < 0 && elementBottom < 0;\r\n\/\/     }\r\n\r\n\/\/     function showSectionDropdownFixedTop(show) {\r\n\/\/ \t\tif (show) {\r\n\/\/ \t\t\tdropdownFixedTop.classList.remove(\"show\");\r\n\/\/ \t\t} else {\r\n\/\/ \t\t\tdropdownFixedTop.classList.add(\"show\");\r\n\/\/ \t\t}\r\n\/\/     }\r\n<\/script> -->\r\n<!-- <script>\r\n    \/\/ Scrollspy function to highlight the active TOC item based on the scroll position\r\n  function scrollSpy(tocClass) {\r\n    const scrollPosition = window.scrollY;\r\n\r\n    \/\/ Find the active h2 and h3 headings based on their position in the corresponding TOC\r\n    let activeH2 = null;\r\n    let activeH3 = null;\r\n\r\n    const tocItems = document.querySelectorAll(`.${tocClass} li`);\r\n    tocItems.forEach(item => {\r\n      const a = item.querySelector('a');\r\n      if (!a) return;\r\n      const href = a.getAttribute('href');\r\n      const targetId = href.substring(1); \/\/ Remove the '#' from the href to get the target ID\r\n      const targetElement = document.getElementById(targetId);\r\n      if (!targetElement) return;\r\n\r\n      const targetTop = targetElement.getBoundingClientRect().top + scrollPosition;\r\n      const nextItem = item.nextElementSibling;\r\n      const nextTop = nextItem ? nextItem.getBoundingClientRect().top + scrollPosition : Infinity;\r\n\r\n      if (targetTop <= scrollPosition + 150) {\r\n        if (a.parentElement.parentElement === tocItems) {\r\n          \/\/ The h2 heading is at the root level of the TOC\r\n          activeH2 = { id: targetId, level: 'h2' };\r\n        } else {\r\n          \/\/ The h3 heading is nested under an h2 heading\r\n          const parentH2 = a.parentElement.parentElement.previousElementSibling;\r\n          if (parentH2) {\r\n            const h2Link = parentH2.querySelector('a');\r\n            if (h2Link) {\r\n              const h2Href = h2Link.getAttribute('href');\r\n              const h2Id = h2Href.substring(1);\r\n              activeH2 = { id: h2Id, level: 'h2' };\r\n            }\r\n          }\r\n          activeH3 = { id: targetId, level: 'h3' };\r\n        }\r\n      }\r\n\r\n      if (targetTop > scrollPosition + 150 && nextTop > scrollPosition + 150 && !activeH3) {\r\n        \/\/ Reset the activeH2 when there are no more active h3 headings\r\n        activeH2 = null;\r\n      }\r\n    });\r\n\r\n    \/\/ Update the active state for the TOC items\r\n    tocItems.forEach(item => {\r\n      item.classList.remove('active');\r\n      const a = item.querySelector('a');\r\n      if (a) {\r\n        const href = a.getAttribute('href');\r\n        const targetId = href.substring(1);\r\n        if ((activeH2 && activeH2.id === targetId) || (activeH3 && activeH3.id === targetId)) {\r\n          item.classList.add('active');\r\n\t\t  pilihDaftarIsi.innerHTML = a.textContent;\r\n        }\r\n      }\r\n    });\r\n  }\r\n\r\n  \/\/ Call scrollSpy for each TOC on window scroll\r\n  const tocClasses = ['list_toc', 'list_toc_float', 'list_toc_top']; \/\/ Add other TOC class names here if you have more than two instances\r\n  tocClasses.forEach(tocClass => {\r\n    window.addEventListener('scroll', () => scrollSpy(tocClass));\r\n  });\r\n<\/script> -->\r\n<!-- END script lama -->\r\n\t\r\n<script>\r\n    \/\/ Scrollspy function to highlight the active TOC item based on the scroll position\r\n  function scrollSpy(tocClass) {\r\n    const scrollPosition = window.scrollY;\r\n\r\n    \/\/ Find the active h2 and h3 headings based on their position in the corresponding TOC\r\n    let activeH2 = null;\r\n    let activeH3 = null;\r\n\r\n    const tocItems = document.querySelectorAll(`.${tocClass} li`);\r\n    tocItems.forEach(item => {\r\n      const a = item.querySelector('a');\r\n      if (!a) return;\r\n      const href = a.getAttribute('href');\r\n      const targetId = href.substring(1); \/\/ Remove the '#' from the href to get the target ID\r\n      const targetElement = document.getElementById(targetId);\r\n      if (!targetElement) return;\r\n\r\n      const targetTop = targetElement.getBoundingClientRect().top + scrollPosition;\r\n      const nextItem = item.nextElementSibling;\r\n      const nextTop = nextItem ? nextItem.getBoundingClientRect().top + scrollPosition : Infinity;\r\n\r\n      if (targetTop <= scrollPosition + 150) {\r\n        if (a.parentElement.parentElement === tocItems) {\r\n          \/\/ The h2 heading is at the root level of the TOC\r\n          activeH2 = { id: targetId, level: 'h2' };\r\n        } else {\r\n          \/\/ The h3 heading is nested under an h2 heading\r\n          const parentH2 = a.parentElement.parentElement.previousElementSibling;\r\n          if (parentH2) {\r\n            const h2Link = parentH2.querySelector('a');\r\n            if (h2Link) {\r\n              const h2Href = h2Link.getAttribute('href');\r\n              const h2Id = h2Href.substring(1);\r\n              activeH2 = { id: h2Id, level: 'h2' };\r\n            }\r\n          }\r\n          activeH3 = { id: targetId, level: 'h3' };\r\n        }\r\n      }\r\n\r\n      if (targetTop > scrollPosition + 150 && nextTop > scrollPosition + 150 && !activeH3) {\r\n        \/\/ Reset the activeH2 when there are no more active h3 headings\r\n        activeH2 = null;\r\n      }\r\n    });\r\n\r\n    \/\/ Update the active state for the TOC items\r\n    tocItems.forEach(item => {\r\n      item.classList.remove('active');\r\n      const a = item.querySelector('a');\r\n      if (a) {\r\n        const href = a.getAttribute('href');\r\n        const targetId = href.substring(1);\r\n        if ((activeH2 && activeH2.id === targetId) || (activeH3 && activeH3.id === targetId)) {\r\n          item.classList.add('active');\r\n        }\r\n      }\r\n    });\r\n  }\r\n\r\n  \/\/ Call scrollSpy for each TOC on window scroll\r\n  const tocClasses = ['list_toc', 'list_toc_float']; \/\/ Add other TOC class names here if you have more than two instances\r\n  tocClasses.forEach(tocClass => {\r\n    window.addEventListener('scroll', () => scrollSpy(tocClass));\r\n  });\r\n<\/script>\r\n\t\r\n\r\n<!-- ToC List for desktop side bar, diganti jadi inject by php, di code snippet \"Sidebar Accordion\" -->\r\n<!--  <script>\r\n\tdocument.addEventListener(\"DOMContentLoaded\", function() {\r\nToC List for desktop side bar, diganti jadi inject by php, di code snippet \"Sidebar Accordion\"\r\n        Fungsi untuk mengubah teks menjadi format id\r\n        function formatId(text) {\r\n            return text.trim().replace(\/[^\\w\\d]+\/g, '_');\r\n        }\r\n\r\n        \/\/ Fungsi untuk membuat nested list\r\n        function createNestedList(parentNode, children) {\r\n            if (children.length === 0) return;\r\n\r\n            const nestedUl = document.createElement('ul');\r\n            children.forEach(child => {\r\n                const nestedLi = document.createElement('li');\r\n                const nestedA = document.createElement('a');\r\n                nestedA.textContent = child.title;\r\n                nestedA.href = `#${child.id}`;\r\n                nestedLi.appendChild(nestedA);\r\n                nestedUl.appendChild(nestedLi);\r\n\r\n                if (child.children.length > 0) {\r\n                    createNestedList(nestedLi, child.children);\r\n                }\r\n            });\r\n\r\n            parentNode.appendChild(nestedUl);\r\n        }\r\n\r\n        \/\/ Membuat objek untuk menyimpan daftar h2 dan h3 beserta judulnya\r\n        const headings = [];\r\n\r\n           \/\/ Mengambil semua elemen h2 dan h3\r\n        const elements = document.querySelectorAll('.td-post-content h2');\r\n\t\t\t\/\/, .td-post-content h3\r\n\r\n        elements.forEach(element => {\r\n            if (element.tagName === 'H2') {\r\n                const id = formatId(element.textContent);\r\n                element.id = id;\r\n\t\t\t\tif (element.textContent.toLowerCase() === \"key takeaways\") {return;} \/\/ Kalau Key Takeaways, jangan dimasukin\r\n                headings.push({ level: 'h2', id: id, title: element.textContent, children: [] });\r\n            } else if (element.tagName === 'H3') {\r\n                const id = formatId(element.textContent);\r\n                element.id = id;\r\n                if (headings.length > 0) {\r\n                    headings[headings.length - 1].children.push({ level: 'h3', id: id, title: element.textContent, children: [] });\r\n                }\r\n            }\r\n        });\r\n\r\n        \/\/ Membuat list HTML dari objek headings\r\n        const ul = document.getElementById('list_toc');\r\n        let currentUl = ul;\r\n        headings.forEach(heading => {\r\n            const li = document.createElement('li');\r\n            const a = document.createElement('a');\r\n            a.textContent = heading.title;\r\n            a.href = `#${heading.id}`;\r\n            li.appendChild(a);\r\n\r\n            if (heading.level === 'h2') {\r\n                \/\/ Menyimpan ul saat ini untuk menambahkan nested ul\r\n                currentUl = li;\r\n                ul.appendChild(li);\r\n            } else if (heading.level === 'h3') {\r\n                if (!currentUl.lastElementChild || currentUl.lastElementChild.tagName !== 'UL') {\r\n                    \/\/ Jika belum ada nested ul, buat satu\r\n                    const nestedUl = document.createElement('ul');\r\n                    currentUl.appendChild(nestedUl);\r\n                    currentUl = nestedUl;\r\n                }\r\n                currentUl.appendChild(li);\r\n            }\r\n\r\n            createNestedList(li, heading.children);\r\n        });\r\n\t\tDapatkan elemen ul dengan id 'list_toc_float'\r\nconst ulFloat = document.getElementById('list_toc');\r\nconst ulJourney = document.getElementById('list_journey');\r\n\r\nDapatkan isi (child elements) dari ul dengan id 'list_toc_float'\r\n\tif (ulFloat !== null) {\r\n\t\tconst clonedChildren = ulFloat.cloneNode(true).children;\r\n\t\tconst ulToc = document.getElementById('list_toc_float');\r\n\t\tconst ulTocTop = document.getElementById('list_toc_top');\r\n\t\tif ((ulToc !== null || ulToc !== undefined) && window.innerWidth > 1018){\r\n\t\t\tulToc.append(...clonedChildren);\r\n\t\t} else {\r\n\t\t\tulTocTop.append(...clonedChildren);\r\n\t\t}\r\n\t} \r\n\r\n\tif (ulJourney !== null) {\r\n\t\tconst clonedChildrenJourney = ulJourney.cloneNode(true).children;\r\n\t\tconst ulTocJourney = document.getElementById('list_toc_journey');\r\n\t\tulTocJourney.append(...clonedChildrenJourney);\r\n\t} \r\n\t\r\n        Fungsi untuk mengambil tinggi navbar\r\n        function getNavbarHeight() {\r\n            const navbar = document.getElementById('tdi_34');\r\n            return navbar ? navbar.offsetHeight : 0;\r\n        }\r\n\r\n        \/\/ Fungsi untuk menambahkan offset posisi scroll\r\n        function scrollToElementWithOffset(elementId) {\r\n            const element = document.getElementById(elementId);\r\n            if (element) {\r\n                const offset = getNavbarHeight();\r\n                const elementPosition = element.getBoundingClientRect().top;\r\n                const offsetPosition = elementPosition - offset-40;\r\n\r\n                window.scrollBy({\r\n                    top: offsetPosition,\r\n                    behavior: 'smooth'\r\n                });\r\n            }\r\n        }\r\n\r\n        \/\/ Fungsi untuk menangani klik pada tautan judul\r\n        function handleTitleClick(event) {\r\n            event.preventDefault();\r\n            const href = event.target.getAttribute('href').substr(1);\r\n            scrollToElementWithOffset(href);\r\n        }\r\n\r\n        \/\/ Tambahkan event listener untuk semua tautan judul\r\n        const titleLinks = document.querySelectorAll('a[href^=\"#\"]');\r\n        titleLinks.forEach(link => {\r\n            link.addEventListener('click', handleTitleClick);\r\n        });\r\n\t});\r\n    <\/script> -->\r\n<\/span><\/span><\/p>\n<h2><b>What is Inventory Management?<\/b><\/h2>\n<p>From my perspective, <a href=\"https:\/\/www.hashmicro.com\/blog\/inventory-management\/\">inventory management<\/a> is the process of overseeing and controlling stock, starting from purchasing raw materials to selling finished products. I see it as a vital practice that helps businesses maintain the correct stock quantity at the right time, ensuring smooth operations while preventing both shortages and overstocking.<\/p>\n<h2><strong>What are the Benefits of Inventory Management?<\/strong><\/h2>\n<p>From my experience, understanding how the right strategy and <a href=\"https:\/\/www.hashmicro.com\/blog\/inventory-management-system-features\/\">inventory management system features<\/a> can streamline workflows is essential. I\u2019ve found that when companies apply these strategies effectively, they gain significant advantages that improve efficiency and overall performance.<\/p>\n<p>Below are some of the key benefits I\u2019ve observed from effective <a href=\"https:\/\/www.hashmicro.com\/blog\/understanding-what-is-inventory-management-and-the-methods\/\">inventory management methods<\/a>.<\/p>\n<ul>\n<li style=\"font-weight: 400;\"><b>Cost savings:<\/b><span style=\"font-weight: 400;\"> Reduces excess inventory and associated storage costs.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Increased efficiency:<\/b><span style=\"font-weight: 400;\"> Streamlines operations by automating tasks.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Improved accuracy: <\/b><span style=\"font-weight: 400;\">Minimizes errors in inventory counts and order fulfilment.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Better forecasting:<\/b><span style=\"font-weight: 400;\"> Enhances demand predictions through data-driven insights.<span id=\"techniques\"><\/span><\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Customer satisfaction: <\/b><span style=\"font-weight: 400;\">Ensures products are always available at the right time.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Inventory optimization:<\/b><span style=\"font-weight: 400;\"> Balances supply and demand.<\/span><\/li>\n<\/ul>\n<h2><b>24 Inventory Management Techniques for Businesses<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-67082\" src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Inventory-Management-Techniques.jpg\" alt=\"Inventory Management Techniques\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Inventory-Management-Techniques.jpg 1200w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Inventory-Management-Techniques-300x169.jpg 300w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Inventory-Management-Techniques-1024x576.jpg 1024w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Inventory-Management-Techniques-768x432.jpg 768w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Inventory-Management-Techniques-747x420.jpg 747w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Inventory-Management-Techniques-150x84.jpg 150w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Inventory-Management-Techniques-696x392.jpg 696w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Inventory-Management-Techniques-1068x601.jpg 1068w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">To optimize your business operations, you need practical techniques to enhance efficiency and accuracy. Here, I outline 24 essential inventory management tools and techniques to help maximize your inventory management processes.<\/span><\/p>\n<h3><strong>1. ABC analysis<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">ABC analysis is one of the best inventory management techniques that classify stock into three categories based on importance. It ensures resources are allocated effectively, with high-value items receiving the most attention, optimizing inventory costs.<\/span><\/p>\n<h3><strong>2. FIFO (First In, First Out)<\/strong><\/h3>\n<p>The FIFO (First In, First Out) inventory management method ensures that older stock is sold first, reducing waste and keeping products fresh. This technique benefits perishable goods or items with a limited shelf life, supporting proper <a href=\"https:\/\/www.hashmicro.com\/blog\/stock-rotation\/\">stock rotation<\/a>.<\/p>\n<h3><strong>3. LIFO (Last In, First Out)<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">LIFO (Last In, First Out) is one of the types of inventory management techniques where the most recently added stock is sold first. It\u2019s often used in industries where prices fluctuate, helping businesses minimize tax liabilities in inflationary times.<\/span><\/p>\n<h3><strong>4. Inventory management software<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Using inventory management software is one of the best types of inventory management techniques for automating processes and tracking stock. It improves accuracy, reduces human error, and increases efficiency.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you&#8217;re looking for the right software, we have curated a list of <\/span><a href=\"https:\/\/www.hashmicro.com\/inventory\"><span style=\"font-weight: 400;\">inventory management software<\/span><\/a><span style=\"font-weight: 400;\"> for you to explore. HashMicro is among the best solutions available\u2014click the banner below to explore the pricing schemes and see how it can benefit your business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><style>\r\n.cta-in-article-image .desktop-banner{\r\n    display: none;\r\n    text-align: center;\r\n}\r\n.cta-in-article-image .desktop-mobile{\r\n    display: block;\r\n    text-align: center;\r\n    width: 100%;\r\n}\r\n@media (min-width: 650px) {\r\n    .cta-in-article-image .desktop-banner {\r\n        display: block!important;\r\n    }\r\n}\r\n@media (min-width: 650px) {\r\n   .cta-in-article-image .desktop-mobile {\r\n        display: none!important;\r\n    }\r\n}\r\n<\/style>\r\n<div class=\"cta-in-article-image\">\r\n\t<a href=\"https:\/\/www.hashmicro.com\/grants?utm_source=blog&medium=banner-article\" target=\"_blank\" rel=\"noopener\">\r\n\t\t<div id=\"desktop-banner-container\">\r\n\t\t\t<div class=\"desktop-banner\">\r\n<!-- \tnew CTC Grants Banner\t\t -->\r\n\t\t\t\t<img decoding=\"async\" width='696' height='189' src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2025\/07\/CTC-Grants-scaled.webp\" alt=\"download skema harga software erp\">\r\n\t\t\t<\/div>\r\n\t\t<\/div>\r\n\t\t<div id=\"mobile-banner-container\">\r\n\t\t\t<div class=\"desktop-mobile\">\r\n\t\t\t\t<img decoding=\"async\" width='450' height='497' src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2023\/11\/EDG-Banner-Mobile.png.webp\" alt=\"download skema harga software erp\">\r\n\t\t\t<\/div>\r\n\t\t<\/div>\r\n\t<\/a>\r\n<\/div>\r\n\r\n\r\n<\/span><\/p>\n<h3><strong>5. Safety stock inventory<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Safety stock inventory is an effective inventory management technique that involves keeping extra stock on hand to avoid stockouts. It acts as a buffer against unexpected demand spikes or supply chain disruptions.<\/span><\/p>\n<h3><strong>6. Dropshipping<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Dropshipping is a modern inventory management technique where businesses don&#8217;t hold inventory but transfer orders to a third-party supplier. This method reduces storage costs and simplifies the supply chain.<\/span><\/p>\n<h3><strong>7. Cross-docking<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Cross-docking is one of the most efficient techniques of inventory management. Incoming shipments are transferred directly to outbound transportation, reducing storage time and streamlining logistics for faster delivery.<\/span><\/p>\n<h3><strong>8. Just-in-Case (JIC) stock control<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">JIC stock control maintains excess inventory to prepare for unforeseen demand spikes. This inventory management method prioritizes preparation over cost efficiency and is often used in unpredictable markets.<\/span><\/p>\n<h3><strong>9. Reorder points<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Reorder points are a critical inventory management tool and technique that triggers stock replenishment when levels fall below a certain threshold. This technique helps businesses avoid stockouts by ordering just in time.<\/span><\/p>\n<h3><strong>10. <a href=\"https:\/\/www.hashmicro.com\/blog\/par-level\/\">PAR levels<\/a><\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Setting par levels is one of the effective inventory management techniques where a minimum stock threshold is established. Once inventory falls below this level, businesses know to reorder to maintain operations smoothly.<\/span><\/p>\n<h3><strong>11. Batch tracking<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Batch tracking allows businesses to trace products to specific production batches, helping with recalls or <a href=\"https:\/\/www.hashmicro.com\/blog\/quality-control-report-qc\/\">quality control report<\/a>. This inventory management method ensures accountability and traceability throughout the supply chain.<\/span><\/p>\n<h3><strong>12. Consignment inventory<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Consignment inventory involves suppliers retaining ownership of stock until the retailer sells it. This inventory management method lowers the retailer&#8217;s financial risk while ensuring continuous product availability.<\/span><\/p>\n<h3><strong>13. Cycle counting<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Cycle counting is an inventory management technique that involves counting portions of inventory regularly rather than conducting full-scale audits. This method increases accuracy and reduces the disruption caused by traditional inventory checks.<\/span><\/p>\n<h3><strong>14. Minimum Order Quantity (MOQ)<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">The <a href=\"https:\/\/www.hashmicro.com\/blog\/get-to-know-moq\/\">Minimum Order Quantity (MOQ)<\/a> is a key inventory management technique in which a minimum purchase quantity is set to ensure cost efficiency. This helps businesses maintain profitable margins while meeting supplier requirements.<\/span><\/p>\n<h3><strong>15. Demand forecasting<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Demand forecasting uses historical data to predict future inventory needs. It\u2019s a robust inventory management tool that helps businesses maintain optimal stock levels and meet customer demand efficiently.<\/span><\/p>\n<h3><strong>16. Material Requirements Planning (MRP)<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">MRP is one of the most important techniques of inventory management that calculates material needs based on production schedules. It ensures raw materials are available for manufacturing while minimizing excess inventory.<\/span><\/p>\n<h3><strong>17. Economic Order Quantity (EOQ)<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">EOQ is a formula-based inventory management method that helps businesses determine the optimal order size to minimize costs. It balances ordering and holding costs, ensuring efficient inventory replenishment.<\/span><\/p>\n<h3><strong>18. Weighted average cost<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">The weighted average cost inventory management method calculates the cost of goods based on the average price of all items. It\u2019s commonly used to smooth out price fluctuations and provide a stable cost basis for stock valuation.<\/span><\/p>\n<h3><strong>19. Vendor Managed Inventory (VMI)<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">In VMI, suppliers are responsible for managing and replenishing retailer inventory levels. This inventory management technique improves supply chain efficiency by reducing the retailer&#8217;s need to monitor stock levels closely.<\/span><\/p>\n<h3><strong>20. Perpetual inventory management<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.hashmicro.com\/blog\/advantages-and-disadvantages-of-perpetual-inventory-system\/\">Perpetual inventory system<\/a> tracks stock as sales and purchases occur. This inventory management method provides businesses with up-to-date stock data, improving accuracy and decision-making.<\/span><\/p>\n<h3><strong>21. Six sigma and lean six sigma<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Six Sigma focuses on reducing waste and errors in inventory management. Lean Six Sigma combines these principles with continuous improvement, helping businesses streamline operations and improve efficiency.<\/span><\/p>\n<h3><strong>22. Bulk shipping<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Bulk shipping involves purchasing and shipping large quantities of stock at once to reduce overall shipping costs. This inventory management tool is ideal for companies looking to minimize transportation expenses.<\/span><\/p>\n<h3><strong>23. Just-in-Time (JIT)<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">JIT is one of the most effective inventory management techniques, where stock is ordered just in time to meet demand. This reduces holding costs and minimizes excess inventory, improving cash flow and efficiency.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\"><strong>24. Batch tracking<\/strong><span id=\"select\"><\/span><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Batch tracking ensures each group of products is monitored throughout the supply chain. This inventory management method is essential for industries where quality control and traceability are priorities, like pharmaceuticals or food.<\/span><\/p>\n<h2><b>Which Inventory Management Techniques Does Your Business Need?<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-67094\" src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Which-Inventory-Management-Techniques-Does-Your-Business-Need_.webp\" alt=\"Which Inventory Management Techniques Does Your Business Need?\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Which-Inventory-Management-Techniques-Does-Your-Business-Need_.webp 1200w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Which-Inventory-Management-Techniques-Does-Your-Business-Need_-300x169.webp 300w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Which-Inventory-Management-Techniques-Does-Your-Business-Need_-1024x576.webp 1024w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Which-Inventory-Management-Techniques-Does-Your-Business-Need_-768x432.webp 768w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Which-Inventory-Management-Techniques-Does-Your-Business-Need_-747x420.webp 747w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Which-Inventory-Management-Techniques-Does-Your-Business-Need_-150x84.webp 150w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Which-Inventory-Management-Techniques-Does-Your-Business-Need_-696x392.webp 696w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Which-Inventory-Management-Techniques-Does-Your-Business-Need_-1068x601.webp 1068w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>In my experience, selecting the right inventory management techniques depends on several factors that are unique to your business. I\u2019ve learned that understanding these factors is crucial to implementing the most effective strategies for managing inventory efficiently.<\/p>\n<p>Here are the key factors I consider when guiding this decision:<\/p>\n<h3>Size and complexity of operations<\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Larger businesses with multiple locations may need advanced systems like perpetual inventory management.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Smaller businesses can benefit from more straightforward methods such as FIFO or cycle counting.<\/span><\/li>\n<\/ul>\n<h3>Nature of products<\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Perishable goods or items with a limited shelf life should use FIFO or batch tracking techniques.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Non-perishable items can be managed with methods like JIT or ABC analysis to optimize stock.<\/span><\/li>\n<\/ul>\n<h3>Current resources and technology:<\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Businesses with the necessary infrastructure can implement automated systems like <a href=\"https:\/\/www.hashmicro.com\/blog\/cloud-based-inventory\/\">cloud based inventory<\/a> management software or VMI.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Companies with limited resources may prefer straightforward techniques like reorder points or minimum order quantities.<\/span><\/li>\n<\/ul>\n<h3>Storage capacity:<\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Businesses with limited storage space may benefit from JIT or drop shipping to reduce inventory on hand.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Companies with ample storage can use bulk shipping or EOQ to maximize cost savings.<\/span><\/li>\n<\/ul>\n<h3>Budget constraints:<\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Businesses with limited budgets might opt for basic techniques like cycle counting or ABC analysis.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Companies with larger budgets could invest in automated solutions like inventory management software.<\/span><\/li>\n<\/ul>\n<h2><b>HashMicro as an All-in-One Inventory Management Solution<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-76704 size-full\" src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2024\/10\/Software-Inventory-1.webp\" alt=\"HashMicro as an All-in-One Inventory Management Solution\" width=\"1470\" height=\"900\" \/><\/p>\n<p>Inventory software is a powerful tool that streamlines the entire inventory management process. I\u2019ve seen how automating tasks like tracking stock levels, managing orders, and forecasting demand can give businesses real-time visibility and greater control over their operations.<\/p>\n<p>To help you get started, I recommend trying HashMicro\u2019s <a href=\"https:\/\/www.hashmicro.com\/free-product-tour\/\">free product tour<\/a> and consultation. You\u2019ll be able to explore the system\u2019s capabilities firsthand and receive expert guidance to tailor the solution to your specific business goals.<\/p>\n<p>Having worked with trusted brands such as McDonald\u2019s, Toyota, and Hino, I\u2019ve witnessed how HashMicro consistently delivers reliable and scalable inventory management solutions across various industries. Its proven track record reflects a strong commitment to efficiency and long-term success.<\/p>\n<h4><b>Features:<\/b><\/h4>\n<ol>\n<li style=\"font-weight: 400;\"><b>Stock Forecasting:<\/b><span style=\"font-weight: 400;\"> This feature uses data-driven insights to predict inventory needs, helping businesses maintain the right stock levels and avoid overstocking or stockouts.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Stock Optimizer per Warehouse: <\/b><span style=\"font-weight: 400;\">This feature helps manage stock across multiple warehouses by optimizing stock levels in each location.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Run Rate Reordering Rules:<\/b><span style=\"font-weight: 400;\"> Automates reordering based on stock consumption, ensuring timely replenishment and preventing stock shortages.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b><a href=\"https:\/\/www.hashmicro.com\/blog\/what-is-the-fefo-method-and-why-is-it-important-for-your-business\/\">FEFO<\/a> (First Expiry, First Out):<\/b><span style=\"font-weight: 400;\"> Ensures that products nearing expiration are sold or used first, reducing waste and improving inventory turnover for perishable goods.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Stock Reservations &amp; Reporting: <\/b><span style=\"font-weight: 400;\">Manages stock allocation efficiently by reserving items for orders and generating detailed reports for better inventory visibility and control.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Stock Aging Report: <\/b>This <a href=\"https:\/\/www.hashmicro.com\/blog\/essential-inventory-reports\/\">inventory report<\/a> tracks<span style=\"font-weight: 400;\">\u00a0how long inventory has been in stock, helping businesses identify slow-moving items and reduce the risk of obsolescence.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\"><strong>Integrated with Barcode &amp; QR Code:<\/strong> This feature also connects with <a href=\"https:\/\/www.hashmicro.com\/blog\/inventory-tracking-software\/\">inventory tracking software<\/a>, optimizing accuracy by automating data entry and allowing for quicker stocktaking, while reducing human errors.<\/span><\/li>\n<\/ol>\n<p><em class=\"review-quote\">&#8220;Effective inventory management techniques are the backbone of operational efficiency. By applying methods like ABC analysis, Just-In-Time, and safety stock optimization, businesses can strike the perfect balance between supply and demand&#8221;<\/em><\/p>\n<p>\u2014 <strong>Angela Tan<\/strong>, Regional Manager<\/p>\n<h2><b>Conclusion<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Inventory management techniques are crucial to optimize stock levels, reduce costs, and improve efficiency. Implementing the right strategies can help businesses meet customer demand, leading to long-term success and growth.<\/span><\/p>\n<p>From my experience, <a href=\"https:\/\/www.hashmicro.com\/inventory\">HashMicro Inventory Management Software<\/a> is an all-in-one tool that streamlines operations. Its automation and real-time data make it easier to monitor inventory and make smarter business decisions.<\/p>\n<p><span style=\"font-weight: 400;\">Ready to take control of your inventory? Sign up for a <\/span><a href=\"https:\/\/www.hashmicro.com\/free-product-tour\/\"><span style=\"font-weight: 400;\">free demo<\/span><\/a><span style=\"font-weight: 400;\"> with HashMicro today and experience how our solution can transform your business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.hashmicro.com\/inventory?medium=moneysite-banner\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" width=\"712\" src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2025\/06\/Inventory.webp\" alt=\"Inventory Management\"><\/a><\/span><\/p>\n<h3><strong>FAQ About Inventory Management Techniques<\/strong><\/h3>\n<ul class=\"bottom_faq\">\n<li>\n<details>\n<summary><strong>What are the 5 elements of inventory management?<\/strong><\/summary>\n<p>The five key elements of inventory management are:<br \/>\n1. Demand Forecasting<br \/>\n2. Stock Tracking<br \/>\n3. Inventory Optimization<br \/>\n4. Replenishment<br \/>\n5. Reporting<\/p>\n<\/details>\n<\/li>\n<li>\n<details>\n<summary><strong>What are the 4 inventory methods?<\/strong><\/summary>\n<p>The four main inventory methods are:<br \/>\n1. FIFO (First In, First Out)<br \/>\n2. LIFO (Last In, First Out)<br \/>\n3. Weighted Average Cost<br \/>\n4. Specific Identification<\/p>\n<\/details>\n<\/li>\n<li>\n<details>\n<summary><strong>What is the most common method of inventory management?<\/strong><\/summary>\n<p>The most common method of inventory management is FIFO (First In, First Out). It ensures that older stock is used or sold first, helping businesses prevent spoilage, manage perishable goods, and maintain inventory freshness.<\/p>\n<p><script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [{\n    \"@type\": \"Question\",\n    \"name\": \"What are the 5 elements of inventory management?\",\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"The five key elements of inventory management are:\n1. Demand Forecasting\n2. Stock Tracking\n3. Inventory Optimization\n4. Replenishment\n5. Reporting\"\n    }\n  },{\n    \"@type\": \"Question\",\n    \"name\": \"What are the 4 inventory methods?\",\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"The four main inventory methods are:\n1. FIFO (First In, First Out)\n2. LIFO (Last In, First Out)\n3. Weighted Average Cost\n4. 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With the Asia Pacific inventory management [&hellip;]<\/p>\n","protected":false},"author":153,"featured_media":67782,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[88],"tags":[],"class_list":{"0":"post-63163","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-inventory"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>24 Inventory Management Techniques in 2026<\/title>\n<meta name=\"description\" content=\"Discover inventory management: definition, benefits, and 24 proven techniques to optimize stock, cut costs, and boost efficiency.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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