From my research on Southwire inventory management, I can state that they have a completely new technology system that allows them to meet the need for inventory management by suppliers. Southwire has developed e-commerce that helps them manage all facets of their online business, including from ordering and invoicing to inventory and barcode management. Thanks to their e-commerce, they also have lower costs. Southwire has developed shorter cycle times, which means orders can be processed immediately and reduce lead times. They have reduced inventory levels. Another point that we can indicate in the selected data is that inventory must always be available since Southwire offers products that are highly demanded by customers. They develop different products. It is cheaper for products made in China, so they purchase products for less quantity and store the inventory for future sale or current sale for various retailers. Even though the company has to pay shipping costs and customs duties on top of the cost of labor and materials, it's still much cheaper than making it in the United States and they make a higher profit. important and achieves more sales by storing inventory in its own warehouse and always keeping it available for retailers to purchase at any time. Trend The common trend in Southwire inventory management is to have inventory in a single period, which means seasonal changes in demand. For example, in winter the demand for Christmas lights and extension cords is high, so they pre-order the product so that it is in stock or in inventory before winter, maybe a season before winter . Inventory is not just about managing the products that are in warehouses and counting them. how many products you have in stock. Inventory management involves looking at from a management perspective how the product is made, where the product is made, where the product is stored, and how much material of the product do you need in stock and how to organize the conservation of your products with the management of their control. The way I would apply this inventory management concept and experience to my job is to check where our company's products are made and how much they cost. I would compare the price of other manufacturers and compare which one is the most advantageous. We should look at areas where we could save more money and reduce employee pay. I would also check out places where facility rent is lower or land costs less to build a warehouse and then distribute our products. Additionally, location is very important as import is a big factor. So you don't want your warehouse to be so far away and have to pay extra for trucking.