Inventory Management as a Strategic Tool for Organizational Competitiveness: A Literature Review

Abstract

This paper reviews existing literature on inventory management practices and their impact on organizational performance. It highlights that effective inventory controlthrough methods such as EOQ, JIT and ABC analysis enhances efficiency, profitability, and competitiveness. Studies from various sectors and regions confirm that adopting modern inventory systems and automation reduces waste, minimizes costs, and improves decision-making. The review emphasizes that inventory management is not just an operational task but a strategic tool for achieving sustainable business growth.