Location-Based Inventory refers to the practice of managing inventory levels by specific physical locations—whether it’s distribution centers, retail stores, or manufacturing plants. Each location may have unique demand patterns and service requirements, making localized inventory visibility crucial. By managing inventory at a granular, location-based level, companies can better align supply with local demand, improve replenishment accuracy, and minimize the risk of stock imbalances. It also enables more effective deployment of regional supply strategies and faster response to market changes.