A significant cost to manufacturing, distribution and retail organizations is the inventory carried to support customers and sales. Effectively managing and minimizing investments in inventory can certainly provide competitive advantage and bottom-line benefits. But accomplishing these tasks can be daunting, particularly when optimal service levels still need to be met. During this session, we will look at the key drivers of inventory, the sensitivity of each driver, and how inventory performance metrics can be leveraged to help optimize the management of this important asset. Examples of various inventory metrics will also be shown to illustrate their impact on service levels and other critical business areas.