What was Bosch's Initiatives to Avoid Inventory Buildup?

Bosch implemented several initiatives to avoid inventory buildup, including enhancing its demand forecasting capabilities and adopting just-in-time (JIT) manufacturing principles. The company focused on improving supply chain management through better collaboration with suppliers and leveraging digital tools for real-time inventory tracking. Additionally, Bosch emphasized flexibility in production processes to quickly adapt to changing market demands, thereby minimizing excess inventory. These strategies collectively aimed to optimize inventory levels and reduce associated costs.