Categorize a list of inventory items into common types like raw materials, WIP, or finished goods.
Task: Categorize the provided list of inventory items. Context: Inventory items need to be classified for better management and reporting. Input: List of inventory items: - [item_name_1], [description_1] - [item_name_2], [description_2] - [item_name_3], [description_3] Categories to use: Raw Materials, Work-in-Progress (WIP), Finished Goods, MRO (Maintenance, Repair, and Operations) Supplies. Format: Return a table with 'Item Name' and 'Category'.
Create a tailored inventory management strategy based on specific product characteristics, demand patterns, and business goals, utilizing established models.
Identify and categorize key factors influencing logistics costs.
Classify your inventory using ABC analysis to identify high-value items, optimize stock management, and improve efficiency.