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[Music] supply chain is all about balancing supply and demand the team manages bencoseze inventory to ensure we have enough consumables and equipment to fill customer orders among their responsibilities they calculate fill rate which is the percent of time we are able to ship a customer order from existing stock they also monitor inventory turns which describes how much inventory we carry on average compared to how much we sell the supply chain team works closely with all of our vendors theyre building relationships purchasing products managing our vendor scorecard negotiating pricing and payment terms and returning overstock items the team works closely with our product managers including our private label making them an essential part of product launches next time you visit remember to say hello [Music] you
