When answering this question, focus on your hands-on experience with inventory management systems and techniques. Highlight specific examples where you successfully managed inventory levels, reduced costs, or improved efficiency. Mention any software tools you have used, such as ERP systems, and describe how you utilized them to streamline inventory processes. For instance, you could say:
"In my previous role at XYZ Company, I was responsible for managing inventory levels for a range of products. I implemented a new inventory tracking system that reduced stock discrepancies by 20%. Additionally, I conducted regular audits and collaborated with the procurement team to ensure optimal stock levels, which led to a 15% reduction in holding costs."
This demonstrates your ability to apply inventory management principles effectively and contribute to the overall efficiency of logistical operations.
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