Certified Supply Chain Professional (CSCP) Practice Exam

What is one primary goal of inventory planning?

1. Maximizing stocking cost

2. Minimizing storage space

3. Meeting customer demand efficiently

4. Reducing production time

The correct answer is: Meeting customer demand efficiently

One primary goal of inventory planning is to meet customer demand efficiently. This involves ensuring that the right products are available at the right time to satisfy customer needs without excessive delays. Effective inventory planning helps businesses maintain optimal stock levels, which allows them to respond quickly to fluctuations in demand while minimizing stockouts and overstock situations. When inventory is carefully planned, it directly contributes to improved customer satisfaction and service levels, ensuring that customers receive their desired products when they need them. This focus on efficiency not only enhances customer relations but also supports overall operations by streamlining supply chain processes and reducing costs associated with holding excess inventory.