From my research into Southwire's inventory management, I can indicate that they have a very new technology system that allows them to meet the need for vendor managed inventory. Southwire has developed e-commerce that helps them manage all aspects of their online business, especially from ordering and invoicing to inventory management and barcoding. Thanks to e-commerce they also have lower costs. Southwire has developed shorter cycle times, meaning orders can be processed immediately and reducing time. They reduced inventory levels. Another point we can point out in the selected data is that the inventory must always be available since Southwire has products that are in high demand among customers. They develop differently: it is cheaper for products to be made in China, so they buy products for smaller amounts and store inventory for future sale or for current sale for various retailers. Even if the company has to pay freight and duties in addition to the cost of labor and materials, it is still much cheaper than producing it in the United States and it makes a higher profit and increases sales by storing the inventory in its own warehouse and having always available so that retailers can purchase it whenever they need it. Trend The common trend in Southwire inventory management is to have single-period inventory, which means seasonal shifts in demand. For example, during the winter, the demand for Christmas lights is high and therefore extension cords pre-order the product so that they are in stock or in inventory before the winter, maybe a season before the winter. Inventory isn't just about managing the products that are in your warehouses and counting how many products you have in stock. Inventory management involves managerially considering how the product is made, where the product is made, where the product is stored, how much product material is needed in the warehouse, and how to organize product storage with control management of it. The way I would apply this inventory management concept and my experience in my job is that I would control where our company's products are made and the cost. I would compare the price of other manufacturing places and compare which one is more advantageous. We should review where we could save more money and reduce employee wages. Additionally, I would look for locations where the facility rent is lower or where the land costs less to build a warehouse and then distribute our products. Location is also very important as importing is a big factor, so you don't want your warehouse to be so far away that you have to pay extra to be trucked in