Meaning ● Adaptive Inventory Networks, within the scope of Small and Medium-sized Businesses, represent a dynamic system leveraging technology and data analytics to optimize inventory levels, manage supply chains, and rapidly adapt to market shifts. In essence, it means SMBs can significantly reduce costs by minimizing excess stock, avoid lost sales due to shortages, and improve responsiveness to customer demand, which results in streamlined operations and a competitive advantage. These networks use real-time data to anticipate fluctuations in demand and adjust inventory accordingly.
