Inventory Optimization can be achieved by blending a range of aspects and looking at data through various lenses. Some of the most critical aspects are -
1) Demand Forecasting
2) Tracking changes in buyer behavior
3) Stock Replenishment and Supplier Reliability
Each of these aspects can be predicted to a high degree of accuracy by deploying Operational Analytics with the relevant Data Science models and then bringing all of them together by virtue of highly agile, data and scenario simulators.